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International tea auction: Afghans, Paks active

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August 10, 2000 

  

Chittagong (UNB) - The weekly tea sale here Tuesday once again witnessed the Afghan buyer operating actively with improved demand from Pakistan.


Blenders lent good support with fair interest from Loose Tea Trade, according to a market report of National Brokers Ltd.


Russia, Poland and CIS were again absent resulting in withdrawals of large Brokens.


CTC Leaf: 9,848 chests, 9,184 g/s, 60 p/s and (10 c/s, 427 g/s of old season) on offer met with a strong demand.


Brokens: Good liquoring medium and smaller brokens were a strong market at mostly dearer levels advancing up to Tk 1 and sometimes more. All others were about steady and occasionally easier. Large brokens were again a depressed market. Fibrous types were irregular.


Fannings: All Fannings continued to meet with a strong demand with better liquoring types slightly dearer. All others were a firm market but plainer types tended easier.


Green Tea: 230 chests on offer met with a limited demand. FYHs sold at Tk 100 and YHs were withdrawn owing to lack of bids.


CTC Dust: 1,242 e/c, 2,963 g/s and (160 c/s 86 g/s of old season) on offer met with a slightly improved demand. Well made good liquoring types were fully firm to slightly dearer following competition.


Others sold at around last levels easing by up to Tk 2. Brown plainer types eased by up to Tk 5 with some withdrawals. Internal buyers particularly the blenders lend good support.



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