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Prices decline for all types

Thursday, 27 February 2014


End of season varieties comprised the bulk of the offerings and these met with a more selective demand. Prices declined for all types. There were some enquiry from Pakistan buyers for plain and poor varieties at low levels. Both Blenders and Loose tea buyers were less active this week and as a result of this, withdrawals were heavier.
A small quantity of good liquoring Dusts were strongly competed, a National Brokers Limited press release said.
CTC LEAF: 56,375 packages and 40 packages of old season tea on offer met with a more selective demand with heavier withdrawals.
BROKENS/FANNINGS: A handful of clean liquoring varieties were well supported but at slightly easier rates and the best could be quoted between Tk 185 and Tk 195. Other varieties met with very selective demand and where sold recorded a drop of  Tk 10 and more. There were heavy withdrawals in this category.
CTC DUST: 8,803 packages and 35 packages of old season tea on offer met with a fairly good demand with prices closely following quality. Selected few lines of good liquoring varieties on offer met with keen competition and were dearer by Tk 10 and more. Other varieties sold around last levels easing by upto Tk. 10 while end of season varieties were again mostly withdrawn. Once again Blenders and Loose tea buyers lent a fair support.