Mixed response to Tea

Tea met with mixed response in the sale held here on January 8 and 9. A total of over 14.68 lakh kg of tea were offered in the sale.

In the Orthodox Leaf market whole-leaf grades met with fair demand and sold at irregularly lower levels by a rupee to Rs two. The secondaries and fannings were absorbed at barely steady levels.

Selective demand was witnessed on the range of teas on offer in the CTC leaf market due to non-movement of teas to their destinations because of the All India Trucker strike.

Select brighter liquoring teas fetched dearer prices on competition while the others were fully firm. The better medium and medium sorts were irregular and lower by up to a rupee.

However, the plainer teas met with good demand and sold at firm to occasionally dearer levels, especially the cleaner and blacker varieties.

Select flavoury primary dusts met with good demand and sold at premium levels while the others were irregular and lower in the orthodox dust market. Leaf secondaries were irregularly lower by up to Rs two, while the powdery residuals were absorbed at last levels.

Good demand was witnessed on the brighter liquoring teas which were absorbed at firm to dearer rates in the CTC dust market.

From PTI