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Weekly Tea Market

Market witnesses stronger demand

November 09, 2018 00:00:00

This week's tea sale witnessed a stronger demand with prices appreciating quite considerably particularly for the best liquoring varieties in the auction market held in the Port city on Tuesday.

Major Blenders continued to lend strong support whilst Loose tea buyers were again selective, said a Bangladesh Tea Board statement.

Dusts were once again a dearer market.

CTC LEAF: As many as 40,664 packages of Current Season and 390 packages of Old Season Teas on offer met with a stronger demand at dearer rates.

BROKENS: BOPs were a better market and were dearer by Taka 2.00 to Taka 3.00 and more for the better liquoring types. GBOPs met with a strong demand and were again dearer by Taka 3.00 to Taka 5.00 following quality.

Medium and plain varieties were also well supported and were mostly firm but there were some withdrawals in this category.

FANNINGS: Bright liquoring Fannings were the strongest feature of the market and advanced by Taka 3.00 to Taka 5.00 and often more.

Medium varieties were also a strong market and were mostly dearer. Plainer types sold at around lost levels with more withdrawals this week.

CTC DUST: As many as 7,771 packages of Current Season Teas on offer met with a strong demand.

The best and good liquoring teas met with good competition and were dearer by Taka 8.00 to Taka 10.00.

Medium categories were steady to dear by Taka 3.00 to Taka 5.00 following quality. The remainder was irregular around last levels.

Blenders lent strong support with a little interest from the Loose tea buyers.

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