Connect with us

Business

End of season types witness heavy withdrawals in the weekly tea sale

The bulk of the offerings constituted of plain end of season types
which met with a restricted demand and witnessed heavy withdrawals in the 43rd sale of the year held
in the port city on Monday.

However, a few clean teas continued to meet with a fairly good demand and sold in line with quality.
Blenders continued to lend good support with interest from the loose tea buyers. Dusts were an
easier market.

The details of the sale excerpts as below:

CTC LEAF: 53,021 packages of tea on offer met with less demand.

BROKENS: A few clean Brokens on offer met with a good demand at around last levels. All other
varieties met with a fair demand and where sold eased in line with quality particularly the plainer
varieties. BLF teas continued to meet with a restricted demand with very heavy withdrawals.

FANNINGS: A few clean Fannings met with a fairly good demand and were about steady. The
remainder met with a fair demand but eased in line with quality particularly the plainer types. BLF teas
continued to meet with a restricted demand with very heavy withdrawals.

DUST: 7,604 packages of tea on offer met with a good demand. Good liquoring Dusts were in good
demand at slightly easier rates. Mediums also witnessed a decline in price but sold well closely
following quality. Plain/BLF Dusts were difficult of sale with heavy withdrawals. Blenders lent strong
support with fair interest from the Loose tea buyers. (BSS)

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending Now