Thursday, April 26, 2007

Good response at Tea auction centres

At the auctions held last week in three tea auction centres in Kolkata, Siliguri and Guwahati, CTC and dust offerings brought up good response. Assam CTCs sold at irregular rates following quality with rates of good brokens ranging between Rs 110 and Rs 120 per kg and fannings between Rs 90 and Rs 105 per kg. Dooars CTC saw good competition and sold readily at useful levels, particularly the better sorts, with prices ranging between Rs 90 and Rs 100 per kg. Medium sorts were between Rs 70 and Rs 80 per kg. Darjeeling teas saw good demand from the Continent with medium whole leaf prices varying between Rs 350 and Rs 400 per kg. Orthodox teas also saw good demand from the CIS as well as North Indian markets, with good whole leaf holding levels between Rs 105 and Rs 120 per kg and the larger brokens between Rs 90 and Rs 100 per kg.

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