Monday, August 27, 2007

Kolkata Tea Auction Sees Good Demand For Orthodox, CTCs

Kolkata: Last week, CTC teas at the North Indian auction centres met with good demand. Prices followed quality for good Assam and Dooars varieties, with plainer sorts holding firm. The exporters operated for larger brokens. The highest price was Rs 128 per kg. Orthodox varieties continued to see a good demand at fully firm to occasionally dearer levels. The highest price recorded was Rs 510 per kg. Darjeeling teas were well absorbed irregularly around last, with support from traditional exporters, local dealers and the packeteers. Normalised conditions prevailed in Assam while in North Bengal, crops were still slow in recovering. Kenyan markets in Mombasa witnessed improved general demand with several categories appreciating in value, following active purchasing from Pakistan, Egypt and the CIS countries. In Colombo, Sri Lankan teas witnessed a slight easing in prices following the onset of the month of Ramadan.

Source : www.indian-commodity.com

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