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Tea price and demand goes up

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June 14, 2000 

   

Chittagong (UNB) - Offerings in the weekly tea sale here yesterday (Tuesday) once again met with a good demand with prices generally advancing in sellers’ favour.

 

Internal buyers particularly Blenders were quite active with fair support from Pakistan and out markets, according to a market report of National Brokers Ltd.

 

Pakistan buyers were again operating at slightly better limits ranging between Tk 52 and Tk 57. Once again clean leaf with better liquors were a bright feature of the sale.

 

CTC Leaf: 9,281 chests, 6,293 gunnysacks and 225 chest and 590 gunnysacks of old season on offer met with a stronger demand at mostly dearer rates.

 

Brokens: Clean well made Brokens with good liquors were a stronger feature selling at mostly dearer rates, advancing by Tk 2 and more. Medium Brokens were a good market at firm to slightly dearer following quality.

 

Plainer types once again were an irregular market but mostly sold at firm rates. Large and bold Brokens were a good market and generally sold at firm rates.

 

Fannigns: Met with a strong demand and were generally fully firm to slightly dearer except for the plainer varieties which were often easier.

 

CTC Dust: 1,058 chests, 2,059 sacks 13 sacks of old season on offer met a slightly less demand at mostly easier rates. Select few lines of well-made better liquoring types were fully firm to dearer while all others eased by Tk 3 to Tk 5 in line with quality.

 

Plainer liquoring types and CDs eased by Tk 5 to Tk 10. Blenders were active in liquoring types with good support from loose tea buyers.

 

  


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