OTHER MARKET CENTRES

COLOMBO

 

6.2 million kilos on offer met less demand at irregularly easier rates. Best Western BOPs were Rs20 lower. In the below best category brighter sorts were barely steady while others declined Rs10-20; plainer clean leaf types were Rs20-30 lower with others firm. Nuwara Eliyas were irregular and difficult of sale while Udapussellawa high-priced teas of last week were Rs30-40 easier while others were firm. Uva select BOPs were substantially dearer while others were Rs20-30 easier. Best Western BOPFs declined Rs20-30 and more following quality. In the below best category brighter sorts that maintained quality were firm and Rs10 lower; others declined by Rs20-30 while plainer clean leaf teas were Rs30-40 easier and others eased by Rs20. Nuwara Eliyas select invoices were Rs20-30 dearer while others were barely steady. Udapussellawas were around last levels while Uva few select invoices were Rs20-30 dearer; others declined by a similar margin and more. The Low Growns were irregular. There was good demand from shippers to Turkey, Iraq, Saudi Arabia, Dubai and CIS.

Auction quotations in Rupees per Kg                                      BOP                                       BOPF

 

Better Western High Grown                                                 640.00 710.00                      640.00 705.00                                     

Uva / Udapussellawas                                                          540.00 740.00                      450.00 630.00                     

Good Medium                                                                     740.00 900.00                      550.00 580.00

Low Medium                                                                        570.00 600.00                      430.00 500.00      

 

(Exchange Rate: RUPEE APPROX PER UNIT AGAINST US DOLLAR 173.72).

KOLKATA

Good demand. Orthodox clean well-made and earlier invoices of whole leaf, brokens and fannings were firm to occasionally dearer; remainder whole leaf, brokens and fannings were irregular and at times lower following quality. 

CHITTAGONG

Old season teas on offer met fairly strong demand. Better liquoring Brokens were mostly firm and occasionally dearer following quality; medium varieties were slightly easier while plainer types met less demand and were easier with a lot of withdrawals. Bright liquoring Fannings were strongly competed for and were often dearer while medium varieties were also a good market but were slightly easier; plainer types met less demand at easier rates with more withdrawals. CTC DUST best and good liquoring teas were around last levels except CDs which were dearer while mediums were steady; plainer teas were a touch easier with a few withdrawals.

 

KOCHI

 

Good demand.  Orthodox select best Nilgiris were irregularly lower in line with quality; medium whole leaf and fannings were firm to dearer while remainder eased with fair withdrawals. CTC all varieties were firm to dearer. The Dust sale opened on an irregular note around last but demand improved as the sale progressed while select good and popular teas were firm to dearer; mediums followed a similar trend. Plainer sorts were firm while clean, black well-made types gained.

 

GUWAHATI

 

There was good demand. Best category brokens were barely steady while Fannings met good enquiry and were firm to dearer; remainder were irregular and lower with quality. In the Dust sale best descriptions were irregularly lower while selected clean, grainy mediums and plainer sorts were around last; remainder were barely steady.

 

SILIGURI

Good demand. All varieties were firm to occasionally dearer with competition.

MALAWI

3,520 packages on offer met good demand at firm rates. The few available BP1 were firm on last while PF1 were firm with most marks selling around last levels. PF1SC were taken up at slightly easier levels while PF tended easier and lost about 5USC on last. PD were absorbed at firm rates while D1 met selective demand at firm levels. F1 continued to meet good demand at generally firm rates except for the very fibrous types that lost up to 8USC on last. D1 were 9USC dearer.

JAKARTA

5,600 packages on offer met fair general demand at irregular rates. Java Orthodox BOP/BOPF were firm to 2cts easier while PF/DUST/BT gained by 2-4cts when sold; secondary grades were firm to 2cts easier. Java CTC BP1/PF1/PD/DUST were discounted by 2-4cts below last levels while FNGS/D2 advanced by 3-4cts above previous rates. Sumatra BOP/BOPF/DUST appreciated by 3-6cts when sold while PF/PFII declined by 3-6cts below previous prices; balance secondary grades strengthened up to 7cts when sold.