Weekly tea sale sees strong demand
Thursday, 19 May 2011
FE Report
The weekly tea sale in Chittagong witnessed Wednesday strong demand for a small weight of good liquoring types that were often substantially dearer following competition. The remainders were absorbed at around last levels, according to a market report. There was more support from both Blenders and the Loose Tea buyers. Dusts were a dearer market following more competition. CTC LEAF: 12,041 packages and 794 packages of Old Season on offer met with an improved demand. BROKENS: Good liquoring Brokens were in strong demand and were generally firm to dearer particularly as the sale progressed. These varieties could be quoted between Tk 173- and Tk 188- per Kg. Other types were also in good demand but were a touch easier. There was less withdrawals. FANNINGS: There was an improved demand for bright liquoring Fannings which were much dearer and these could be quoted between Tk 168- and Tk 180-. Medium and plainer types were easier in line with quality. CTC DUST: 1,608 packages and 172 packages of Old Season on offer met with a better demand at mostly dearer rates. Better liquoring varieties met with more competition and were dearer by Tk 5- and more especially the CDs. Others also sold well and were fully firm to slightly dearer. Both Blenders and Loose Tea buyers lent more support.
The weekly tea sale in Chittagong witnessed Wednesday strong demand for a small weight of good liquoring types that were often substantially dearer following competition. The remainders were absorbed at around last levels, according to a market report. There was more support from both Blenders and the Loose Tea buyers. Dusts were a dearer market following more competition. CTC LEAF: 12,041 packages and 794 packages of Old Season on offer met with an improved demand. BROKENS: Good liquoring Brokens were in strong demand and were generally firm to dearer particularly as the sale progressed. These varieties could be quoted between Tk 173- and Tk 188- per Kg. Other types were also in good demand but were a touch easier. There was less withdrawals. FANNINGS: There was an improved demand for bright liquoring Fannings which were much dearer and these could be quoted between Tk 168- and Tk 180-. Medium and plainer types were easier in line with quality. CTC DUST: 1,608 packages and 172 packages of Old Season on offer met with a better demand at mostly dearer rates. Better liquoring varieties met with more competition and were dearer by Tk 5- and more especially the CDs. Others also sold well and were fully firm to slightly dearer. Both Blenders and Loose Tea buyers lent more support.