Kolkata Auction Sees Good Demand For CTC Teas

Kolkata: Last week there was a better demand for CTC teas in North Indian auction centres at Kolkata, Siliguri and Guwahati. Good quality CTC brokens sold around last levels, with prices for the remainder following quality. The domestic purchasers operated with strength, while export inquiry picked up for bolder brokens and fannings. Orthodox varieties too saw good demand with prices holding firm. The CIS and the West Asian purchasers operated active, with good support from major blender and North India. Crop intakes in the first week of August were lower than the same period last year. Mombasa auctions recorded a firm to dearer market this week. Sri Lankan markets were again strong following widespread buying for exports.