Monday, September 24, 2007

Kolkata Tea Auction Witnesses Steady Price

Kolkata: Last week, CTC teas, both leaf and dust, saw a good demand at all the three auction centres - Kolkata, Siliguri and Guwahati, with better varieties remaining fully firm to dearer levels. Orthodox teas saw good demand at fully firm rates for all categories with good inquiry from the CIS countries andWest Asia. The north Indian buyers and a major blender also operated with strength. In Assam, the weather condition has improved and crop intakes have regularised. Kenyan teas at Mombasa auctions witnessed a good demand. Best and brighter varieties sold at firm to dearer rates while medium and plainer sorts eased slightly with quality. At Colombo auctions, Sri Lanka saw strong demand continuing unabated from the CIS countries, Iran and Dubai.

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