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Tea price and demand goes up |
News |
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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