AUCTION TIMING

CTC LEAF: 70,696  packages of Current Season and  221 packages of Old Season teas on offer met with less demand once again at lower rates with heavier withdrawals.

BROKENS: Good Brokens met with a fair demand but eased initially by upto Tk.5/- but with the progress of sale these eased further. Medium Brokens followed a similar trend whilst plain varieties witnessed much less demand and withdrawals were heavier in this category. Poor types again met with only a selective market.

FANNINGS: Good Fannings met with a fair demand but were again an easier market by Tk.5/- to Tk.7/- and often more. Their Medium and plainer varieties met with much less demand at lower rates with quite heavy withdrawals. Poor sorts were mostly withdrawn without bids.

CTC DUST: 12,814 packages of Current Season and 10 packages of Old Season teas on offer met with a fair demand at easier rates. Good liquoring varieties met with a good demand and sold at around last levels. Medium types were easier by Tk.8/- to Tk.10/- following quality. Plain and BLF teas met with less demand and suffered heavy withdrawals. Blenders lent strong support with only fair interest from the Loose tea buyers.

COMMENTS: Offerings were the highest so far in the season which met with only a fair demand at lower rates. Withdrawals were heavier this week. A small weight of better liquoring varieties sold more readily but prices were again easier. Major Blenders were the mainstay of the market with some interest from the other Blenders. Loose tea buyers continued to be selective.

Dusts were an easier market.

 Our catalogue (Sale 23):  Avg: Tk 189.77, Sold 54.6% & ( Sale 22 ) Avg: Tk 194.36, sold 62.6%.