Monday, November 3, 2008

CTC Leaf Teas At North India Sales With Less Demand - Nov 03, 2008

Kolkata: Last week, CTC leaf teas at North India sales met with less demand and eased in value. Selected liquoring dust teas were around last while the remainder also tended easier. Whole leaf grades in the Darjeeling tea auction were barely firm while the remainder tended easier. Traditional exporters and packeteers operated. In the Orthodox auction, selected well made whole leaf and brokens were irregularly easier while the remainder tended lower. Fannings were steady on last levels.

Yemen, other West Asian countries and Pakistan packers showed more support at lower levels while Egyptian packers were active with Afghanistan operating at lower levels. The Egyptian Government sector re-entered the market and was fairly active. The Colombo auction saw less demand at easier rates for all sorts.

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