Kolkata: The CTC teas on offer last week at Kolkata, Guwahati and Siliguri auctions witnessed good demand with better varieties holding levels. The major blender, packeteers and domestic sections were the mainstay, with some export inquiry for bolder brokens and fannings. The highest price was Rs 132 per kg. The Orthodox varieties were well received by Iran and the CIS countries with selective Continental inquiry for tippy sorts. Darjeeling teas witnessed good general demand with prices following the seasonal decline in quality.
The Tea Board crop estimates for June indicate a marginal increase in the North Indian production at 84.63 million kg, up by about 0.045 mkg over the same period last year while the South Indian production at 23.65 mkg showed an increase of 0.8 mkg during the same period. Kenyan teas at Mombasa auctions saw good general demand at irregular rates with better sorts showing appreciation.
Monday, August 6, 2007
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