Kolkata: Last week, CTC teas once again saw strong demand at firm to occasionally dearer rates, particularly for dust teas, in North Indian auction centres at Kolkata, Guwahati and Siliguri. The major blender was active while there was fair support from Tata Tea and other packeteers. Darjeeling whole leaf and brokens sold readily at lower levels while fannings sold irregularly around last. In the orthodox sale, few tippy teas on offer sold at around last levels while the remainder tended firm and at times dearer. North India purchasers were selective while local purchasers operated on the fannings.
Showing posts with label CTC teas. Show all posts
Showing posts with label CTC teas. Show all posts
Monday, August 18, 2008
Monday, April 28, 2008
Good Demand For CTC Teas In N India Sale
Kolkata: Last week, the CTC auctions in North India met with good demand and the teas sold readily at attractive prices and at considerable premiums over the same period last year, according to the tea auctioneers, J. Thomas & Company Pvt Ltd .
The local dealers and western India buyers were active with useful support from other internal sections. The packeteers were quiet. In the orthodox section, clean well made whole leaf grades remained firm.
Brokens and fannings were steady except a few smaller and flakier varieties which were irregularly lower. The West Asian and the CIS shippers were active with local dealers operating on smaller grades.
The Darjeeling offerings saw a good demand and sold well following quality. Plainer sorts, however, were irregularly lower. The traditional exporters and local dealers operated while the UK/Continent shippers were selective.
Crop
After a poor start in March, most growing regions reported conducive cropping conditions, and April crop is likely to make up the March losses.
International
The Mombasa auction last week saw brighter PD and dust grades firm to dearer while the remainder were irregular. Pakistan, Yemen, Sudan, Egypt, Russia, Kazakhstan and Somalia continued to operate actively.
The Colombo auctions saw strong demand. Western medium and high growns were irregular while the remainder was firm to dearer. The CIS, UK/Continent and West Asian shippers were active with good inquiries from Japan, Turkey and Syria.
The local dealers and western India buyers were active with useful support from other internal sections. The packeteers were quiet. In the orthodox section, clean well made whole leaf grades remained firm.
Brokens and fannings were steady except a few smaller and flakier varieties which were irregularly lower. The West Asian and the CIS shippers were active with local dealers operating on smaller grades.
The Darjeeling offerings saw a good demand and sold well following quality. Plainer sorts, however, were irregularly lower. The traditional exporters and local dealers operated while the UK/Continent shippers were selective.
Crop
After a poor start in March, most growing regions reported conducive cropping conditions, and April crop is likely to make up the March losses.
International
The Mombasa auction last week saw brighter PD and dust grades firm to dearer while the remainder were irregular. Pakistan, Yemen, Sudan, Egypt, Russia, Kazakhstan and Somalia continued to operate actively.
The Colombo auctions saw strong demand. Western medium and high growns were irregular while the remainder was firm to dearer. The CIS, UK/Continent and West Asian shippers were active with good inquiries from Japan, Turkey and Syria.
Tuesday, March 11, 2008
Good Demand For CTC In Kolkata Tea Sale
Kolkata: Last week, the CTC markets at North Indian auctions witnessed good demand with selected blacker and liquoring teas selling at fully firm to dearer rates, according to J Thomas & Company Pvt Limited, the tea auctioneers. The orthodox varieties, largely of end-season quality, eased irregularly in value, with good support from CIS and the West Asia.
Better Darjeeling varieties saw good inquiry at slightly lower levels. Liquoring brokens appreciated following good local support.
A few new season CTC received attractive prices during the week, with Assam selling up to Rs 221 per kg and Dooars up to Rs 201 per kg.
Assam’s tea growing districts received fair rainfall recently, while North Bengal remained rather dry.
Sri Lankan teas at Colombo saw strong markets with low grown grades showing remarkable price improvement. Kenyan teas at Mombasa saw good demand but prices were irregular.
Better Darjeeling varieties saw good inquiry at slightly lower levels. Liquoring brokens appreciated following good local support.
A few new season CTC received attractive prices during the week, with Assam selling up to Rs 221 per kg and Dooars up to Rs 201 per kg.
Assam’s tea growing districts received fair rainfall recently, while North Bengal remained rather dry.
Sri Lankan teas at Colombo saw strong markets with low grown grades showing remarkable price improvement. Kenyan teas at Mombasa saw good demand but prices were irregular.
Monday, March 3, 2008
Inadequate Tea Offerings At Kolkata, Siliguri
Kolkata: Last week there were no auctions at Kolkata and Siliguri due to inadequate offerings, according to J Thomas & Company Pvt Ltd. The small quantity of CTC leaf and dust teas on offer at Guwahati sold readily in line with quality. There was fair support from the major blender and strong inquiry from the internal section.
Neither Orthodox nor Darjeeling sale was held last week. The sale numbers 11 and 12 were dropped in Kolkata due to insufficient arrivals.
International
Mombasa offerings met with less demand at easier rates with some teas remaining unsold due to the decline in quality and the correction in prices. Egypt, Yemen, Sudan and other West Asian shippers operated while other traditional exporters were selective.
In Colombo auctions, selected better categories sold well while the remainder tended irregular. The shippers to Japan, UK and the Continent operated for the liquoring sorts while those to the CIS, West Asia and Turkey were active.
Neither Orthodox nor Darjeeling sale was held last week. The sale numbers 11 and 12 were dropped in Kolkata due to insufficient arrivals.
International
Mombasa offerings met with less demand at easier rates with some teas remaining unsold due to the decline in quality and the correction in prices. Egypt, Yemen, Sudan and other West Asian shippers operated while other traditional exporters were selective.
In Colombo auctions, selected better categories sold well while the remainder tended irregular. The shippers to Japan, UK and the Continent operated for the liquoring sorts while those to the CIS, West Asia and Turkey were active.
Monday, February 25, 2008
Kolkata Tea Sale: Good Demand For CTC Leaf, Dust
Kolkata: Last week, the CTC leaf and dust teas met with good demand at the auction centres in Guwahati, Siliguri and Kolkata. The offerings comprised old season varieties which were readily absorbed and the few earlier teas on offer sold at attractive rates. The major blender was selective while the other major packeteer was quiet. Internal sections operated strongly. Run-up to Budget 2008-09
Selected well-made orthodox whole leaf sold well following inquiries from North India and local buyers. Stalk free clean varieties were firm to dearer while the remainder were lower following quality. There were some export inquiries.
The small weight of Darjeeling whole leaf on offer sold at firm to dearer rates while brokens and fannings were irregularly lower. Local dealers absorbed the bulk of the offerings.
CROP
The Kolkata sale 9, due on February 25, has been dropped in view of the paucity of arrivals.
INTERNATIONAL
In the Colombo auction, selected better sorts and plainer categories sold well at firm to dearer rates while the remainder tended irregularly lower. Traditional exporters were active.
The Mombasa market saw less demand at easier rates with some withdrawals. Few better smaller grades, however, saw good enquiry. West Asia and Russia lent strong support while Kazakhstan was fairly active with some interests from Sudan. The packers from Pakistan, the UK and Egypt were less active.
Selected well-made orthodox whole leaf sold well following inquiries from North India and local buyers. Stalk free clean varieties were firm to dearer while the remainder were lower following quality. There were some export inquiries.
The small weight of Darjeeling whole leaf on offer sold at firm to dearer rates while brokens and fannings were irregularly lower. Local dealers absorbed the bulk of the offerings.
CROP
The Kolkata sale 9, due on February 25, has been dropped in view of the paucity of arrivals.
INTERNATIONAL
In the Colombo auction, selected better sorts and plainer categories sold well at firm to dearer rates while the remainder tended irregularly lower. Traditional exporters were active.
The Mombasa market saw less demand at easier rates with some withdrawals. Few better smaller grades, however, saw good enquiry. West Asia and Russia lent strong support while Kazakhstan was fairly active with some interests from Sudan. The packers from Pakistan, the UK and Egypt were less active.
Monday, January 28, 2008
Good Demand For CTC Offerings
Kolkata: Last week, the CTC offerings at the North Indian auction centres in Kolkata, Siliguri and Guwahati met with good demand, with prices closely following the quality, according to J Thomas & Company Pvt Ltd, tea auctioneers.
Selected cleaner better sorts were around last week’s levels, while the remainder were on an easier trend following the decline in quality. There were good inquiries from major blenders and other domestic segments, while exporters were very selective.
Orthodox teas
Orthodox teas also met with good demand. Whole leaf grades tended lower while brokens and fannings were last and irregularly lower. The support from the CIS and West Asian shippers was fair with fannings meeting with inquiry from the major blender.
• Quarterly results of corporates: Check out
Darjeeling whole leaf grades were readily absorbed while brokens and fannings were irregularly lower. Local dealers were the mainstay of the market with some support from a major packeteer. Exporters were selective.
CROP & OFFERINGS
Arrivals at the auction centres are showing a sharp weekly decline following the closure of the growing season in North India.
The demand at Mombasa auctions continued to be strong with all sorts appreciating substantially following strong support from the shippers from Pakistan, Egypt, Kazakhstan, Yemen and West Asia.
The Colombo market witnessed an easier trend following heavy arrivals. Traditional export markets were active.
Selected cleaner better sorts were around last week’s levels, while the remainder were on an easier trend following the decline in quality. There were good inquiries from major blenders and other domestic segments, while exporters were very selective.
Orthodox teas
Orthodox teas also met with good demand. Whole leaf grades tended lower while brokens and fannings were last and irregularly lower. The support from the CIS and West Asian shippers was fair with fannings meeting with inquiry from the major blender.
• Quarterly results of corporates: Check out
Darjeeling whole leaf grades were readily absorbed while brokens and fannings were irregularly lower. Local dealers were the mainstay of the market with some support from a major packeteer. Exporters were selective.
CROP & OFFERINGS
Arrivals at the auction centres are showing a sharp weekly decline following the closure of the growing season in North India.
The demand at Mombasa auctions continued to be strong with all sorts appreciating substantially following strong support from the shippers from Pakistan, Egypt, Kazakhstan, Yemen and West Asia.
The Colombo market witnessed an easier trend following heavy arrivals. Traditional export markets were active.
Monday, January 14, 2008
Good Demand At N. India Tea Sales
Kolkata: Last week, the CTC teas at the North India tea auction centres at Kolkata, Siliguri and Guwahati saw a good demand, according to J. Thomas & Company Pvt Ltd. The prices showed a slight easing following quality.
The major blenders continued to operate strongly while other internal segments too remained active. Dust grades appreciated.
Orthodox teas also saw a good demand at around last levels with smaller brokens and fannings being firm to occasionally dearer.
There was good support from the CIS countries with a fair amount of interest from West Asia.
• Check out our Yearender Special
Darjeeling whole leaf and brokens saw good demand at barely steady rates. Fannings witnessed limited inquiries.
Crop & exports
The crop figures released by the Tea Board indicate an increase of approximately 3.8 million kg in North India teas and one million kg in South India teas in November.
However, the consolidated figures up to November vis-À-vis the same period last year show a drop in production of 15.4 mkg — 9.8 mkg of North Indian teas and of 5.6 mkg of the South Indian varieties.
The January-November exports at 144.8 mkg were lower by 52.3 mkg vis-À-vis the same period of last year.
International
Kenyan teas in Mombasa auction saw a strong general demand at dearer rates following active support from Pakistan, the UK, the CIS and West Asia.
In Colombo, Sri Lankan markets saw a good demand. Pekoes appreciated.
Inquiries were forthcoming from Iran, the CIS and Dubai.
The major blenders continued to operate strongly while other internal segments too remained active. Dust grades appreciated.
Orthodox teas also saw a good demand at around last levels with smaller brokens and fannings being firm to occasionally dearer.
There was good support from the CIS countries with a fair amount of interest from West Asia.
• Check out our Yearender Special
Darjeeling whole leaf and brokens saw good demand at barely steady rates. Fannings witnessed limited inquiries.
Crop & exports
The crop figures released by the Tea Board indicate an increase of approximately 3.8 million kg in North India teas and one million kg in South India teas in November.
However, the consolidated figures up to November vis-À-vis the same period last year show a drop in production of 15.4 mkg — 9.8 mkg of North Indian teas and of 5.6 mkg of the South Indian varieties.
The January-November exports at 144.8 mkg were lower by 52.3 mkg vis-À-vis the same period of last year.
International
Kenyan teas in Mombasa auction saw a strong general demand at dearer rates following active support from Pakistan, the UK, the CIS and West Asia.
In Colombo, Sri Lankan markets saw a good demand. Pekoes appreciated.
Inquiries were forthcoming from Iran, the CIS and Dubai.
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