Kolkata Auction Sees Good Demand For CTC Teas

Kolkata: Last week (i.e. the week ended July 21), the demand for CTC teas in the North India auction centres at Kolkata, Siliguri and Guwahati was generally good. The western Indian as well as other domestic purchasers operated with strength. The highest price was Rs 148 per kg. Orthodox teas continued to see good demand, with good and tippy whole leaf and brokens holding attractive levels. The West Asia and Iran markets operated with strength with fair amount of inquiry from the CIS countries. Continental buying was evident on tippy sorts, selling up to Rs 610 per kg. Darjeeling teas saw a good demand. Prices eased following quality. Weather and climate in the tea growing areas in North India appear to be stabilising into normal seasonal conditions and crop growth is showing signs of recovery from mid-July.