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Commodity Market : Indian-commodity.com

Tuesday, October 30, 2007

Offers At Coimbatore Tea Auctions Decline

Coimbatore: The total offerings at the Tea Trade centre here fell to 4.95 lakh kg, with leaf grades accounting for 1.75 lakh kg. There was fair demand for the orthodox leaf grades with better Nilgiris orthodox ruling firm, while others remained irregular with quality. Internal demand was limited, exporters to CIS countries lent fair support and HUL operated on lower level teas. Good liquoring CTC leaf grades recorded firm to occasionally dearer rates. Medium and plainer bolder grades ruled firm, others irregular. HUL was selective, exporters operated on bolder grades. CTC dust witnessed good demand. The popular high priced teas quoted dearer by a rupee, the good mediums tended dearer by up to Rs 2 and the plainer sorts with better leaf appearance made some gains.
Posted by Indian-commodity at 10:46 AM

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