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Tea demanded well in auction
[October 21, 2008]

Tea demanded well in auction


Kolkata, Oct 20, 2008 (Asia Pulse Data Source via COMTEX) --
The total offerings recorded during the last sale was 1,00,769 packages comprising 59,543 packages of CTC, 34,702 packages of Orthodox and 6,524 packages of Darjeeling teas.

There was a good general demand for the CTC offerings where Dooars stood firm to dearer particularly fannings. Assams followed a similar trend. Major blenders were active. Good inquiry came from Western India on liquoring teas besides some North India inquiry in this section with export interest was in evidence on larger brokens and well made fannings.



Orthodox offerings also saw good demand. Primary whole leaf barely steady and tended occasionally easier. Bolder whole leaf tended lower. Brokens and fannings steady on last levels. CIS & Middle East were the mainstay of the market.

Darjeeling tea met with good demand at the last sale. Whole leaf and brokens tended easier following quality. Fanning's were firm to dearer. Traditional exporters and packeteers operated and UK, Continent were active on fannings. CIS and Middle East were the mainstay on the market.


(Quotations are inclusive of excise duty in Rs per Kg) C T C BROKENS FANNINGS ----- ------- ------- BEST ASSAM 130.00/155.00 120.00/132.00 GOOD ASSAM 118.00/127.00 108.00/117.00 MEDIUM ASSAM 105.00/115.00 100.00/107.00 GOOD DOOARS 100.00/113.00 100.00/110.00(N) MEDIUM DOOARS 88.00/100.00 94.00/100.00(N) CACHAR 90.00/102.00 96.00/104.00(N) -- ORTHODOX WHOLE LEAF BROKENS FANNINGS -------- --------- ------- -------- BEST ASSAM 170.00/220.00(N) UNQ 100.00/110.00 GOOD ASSAM 130.00/155.00 110.00/130.00 92.00/96.00 MEDIUM ASSAM 115.00/130.00 100.00/120.00 85.00/90.00 REST ALL UNQUOTED.

There was a good demand for 23,353 packages of dust offerings during last week. Dust teas sold readily at firm to dearer rates. Dooars and Cachars too followed a similar trend. Tata Tea and HUL operated at the sale with Western India buyers opted for liquoring teas. Other sections lended good support towards dust category teas.

(Quotations are inclusive of excise duty) Best Assam 132.00/145.00 (nom) Good Assam 125.00/131.00 Medium Assam 114.00/123.00 Good Dooars 100.00/110.00(nom) Medium Doars unquoted Cachar 96.00/106.00(nom).

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