Dusts face competition at first sale of the season
Thursday, 29 April 2010
This week's tea auction was the first sale of the season where offering were quite small due to prolonged dry conditions in some of the growing areas, according to a press release of National Brokers Limited.
Dusts met with a strong competition particularly the good liquoring varieties.
After a hesitant start, the market settled and bids were available quite readily with demand for the good liquoring sorts from the Blenders with very good support from the Loose tea buyers. Exporters remained out of the market.
CTC LEAF: 7,325 packages and 337 packages of old season on offer met with a strong demand.
BROKENS: A limited quantity of small Brokens on offer were strongly competed for and realised prices between Tk 170 and Tk 175. The corresponding larger Brokens were also a good market and sold between Tk 150 and Tk 160.
FANNINGS: Good liquoring Fannings were a strong feature of the market and realised prices between Tk 170 and Tk 180. All others were also a strong market and sold between Tk 155 and Tk 165.
CTC DUST: 882 packages and 130 packages of Old Season on offer met with a very strong demand. Good liquoring Ds were the strongest feature and sold between Tk 180 and Tk 190.
Good liquoring RDs/PDs were also a strong market and generally sold between Tk 175 and Tk 180. Good CDs met with good competition and realised prices between Tk 190 and Tk 220. All others Dust grades also sold well. Loose tea buyers were the mainstay of the market.
Dusts met with a strong competition particularly the good liquoring varieties.
After a hesitant start, the market settled and bids were available quite readily with demand for the good liquoring sorts from the Blenders with very good support from the Loose tea buyers. Exporters remained out of the market.
CTC LEAF: 7,325 packages and 337 packages of old season on offer met with a strong demand.
BROKENS: A limited quantity of small Brokens on offer were strongly competed for and realised prices between Tk 170 and Tk 175. The corresponding larger Brokens were also a good market and sold between Tk 150 and Tk 160.
FANNINGS: Good liquoring Fannings were a strong feature of the market and realised prices between Tk 170 and Tk 180. All others were also a strong market and sold between Tk 155 and Tk 165.
CTC DUST: 882 packages and 130 packages of Old Season on offer met with a very strong demand. Good liquoring Ds were the strongest feature and sold between Tk 180 and Tk 190.
Good liquoring RDs/PDs were also a strong market and generally sold between Tk 175 and Tk 180. Good CDs met with good competition and realised prices between Tk 190 and Tk 220. All others Dust grades also sold well. Loose tea buyers were the mainstay of the market.