Monday, July 9, 2007
Kolkata Tea Sale Witnesses Good Demand
Kolkata: Demand continued to be good at Kolkata, Guwahati and Siliguri auction centres during the week ended July 7. Good and top quality CTC teas held levels while the medium and plainer sorts eased in value. The purchasers for the CIS countries operated for exportable brokens while the western Indian purchasers lent support to good liquoring varieties. The maximum price that Assam CTC commanded was Rs 158 per kg. The orthodox teas saw strong inquiries at firm to dear rates, particularly from the West Asia and the CIS countries. The purchasers for the Continent and Japan operated for tippy sorts. The highest price recorded was Rs 885 per kg. The all-India crop up to May stood at 226.4 mkg as compared to 225.8 mkg in the same period of the previous year. Sri Lankan markets remained steady at the Colombo auctions with active Iranian inquiry.
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