Committed to PEOPLE'S RIGHT TO KNOW
Vol. 4 Num 206 Wed. December 24, 2003  
   
Business


Tea auction closes mixed


The weekly tea sale here yesterday witnessed quality of offerings generally showing a decline.

Well made good liquoring teas were well sought after by both export and internal buyers often at dearer levels, but all other varieties were an easier market as buyers followed quality closely, according to a market report.

Pakistan buyers were fairly active but there was a little less support from the blenders. CIS lent a fair support while loose tea trade was not as active as last.

Better liquoring dusts continued to meet with a stronger demand at dearer rates.

CTC Leaf: 27,428 g/s 3,110 ppws, 2,040 c/s, and (66 g/s of old season) on offer met with a good demand with buyers following quality closely.

Brokens: Well made liquoring brokens were a strong feature and advanced by Tk 2 to Tk 3 and often more following competition and realised prices between Tk 77 and Tk 80.50.

Medium brokens were a good market and mostly sold at around last levels. Clean small brokens were a strong and were generally fully firm whilst the poor fibrous types were easier.

Fannings: Well made good liquoring fannings were a strong market and sold around last levels and these fetched between Tk 71.50 and Tk 77/50. Medium fannings sold well but tended slightly easier whilst all other fannings were easier following quality.

CTC Dust: 3,317 g/s, 158 c/s, 394 ppws, and (24 g/s of old season) on offer met with a strong demand. Good liquoring types continued to meet with keen competition and were dearer by up to Tk 5. Medium types sold around last levels whilst the plainer types eased slightly.

Blenders and loose tea buyers lent strong support with selective enquiry from Pakistan.