Kolkata Tea Sale Sees Good Demand

Kolkata: Last week, the CTC teas in the North Indian auction centres met with good demand. Good Assams and larger CTC brokens sold at firm to dearer levels while the rest tended easier. Orthodox teas saw strong demand at firm to dearer levels with good inquiry from CIS, Iran and West Asian markets. Crops are currently following a seasonal pattern. The all India crop till July stood at 459.8 mkg as compared to 460.5 mkg in the same period last year. Kenyan teas at Mombasa witnessed strong demand from Pakistan, CIS and West Asia at all around dearer rates. The Kenyan crop in July fell by one million kg to 22.7 mkg and the reports suggest that the August crops too were lower.