Tuesday, May 1, 2007
CTC, Dust Tea Witnesses Good Demand At Kolkata
There was good demand for CTC and dust offerings at the Guwahati, Siliguri and Kolkata auctions last week. The rates varied depending on the quality. Good Assam brokens were offered at Rs 92-106 per kg while good Dooars fetched Rs 90-100. The medium categories ranged between Rs 70 and Rs 80 per kg. Orthodox teas sold readily, with good Assam whole leaf attracting Rs 110-130 while brokens fetched Rs 90-105. In Colombo, the Sri Lankan market maintained to be buoyant with all categories being dearer. The purchasers for Iran dominated the market despite competition from those from West Asian and CIS countries. Reports have been received about exporters in Sri Lanka facing shortage of space in Europe-bound container ships following the diversion of some routes to India by certain shipping lines. Production for March declined 16.15 per cent in Sri Lanka. The Mombasa market ruled firm to dearer for the better categories despite improved crop situation.
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