SALE NO - 31 , SALE DATE: 2019-12-10
LEAF : 8.30 am to 6.30 pm
DUST & SUPP : 10.30 am to 2.35 pm
CTC LEAF: 42,657 packages of Current Season and 524 packages of Old Season teas on offer met with much less demand at progressively easier rates.
BROKENS: Initially Brokens met with a fair demand at about Tk.4/- to Tk.6/- lower than last levels but with the progress of sale, demand slackened and prices eased further by upto Tk.5/- to Tk.8/- with fair withdrawals. Medium Brokens followed a similar trend. Plainer types saw only a little interest and there again prices eased. There was hardly any interest for the plain and poor varieties and these were withdrawn owing to lack of bids.
FANNINGS: Like the above, Fannings met with a similar trend and prices were generally lower by Tk.5/- to Tk.8/- from previous levels with quite a lot of withdrawals. Plain and poor types suffered heavier withdrawals.
CTC DUST: 7,959 packages of Current Season and 51 packages of Old Season teas on offer met with a fairly good demand at easier rates. Good liquoring teas sold at a drop of Tk.5/- to Tk.7/- closely following quality. Medium varieties were easier with fair withdrawals. Plainer & BLF teas sold at barely steady to easier levels. Blenders lent strong support with some interest from the Loose tea buyers.
COMMENTS: This sale took place in Srimangal where offerings were less than previous week’s. Prices were lower following less competition. There was also more withdrawals in this week’s sale especially in the BLF section.
Dusts were an easier market.
Our catalogue (Sale 20): Avg: Tk 198.07, Sold 70.2% & ( Sale 19 ) Avg: Tk 206.75, sold 78.0%.