Cochin Tea Auction, India 16-01-2013

COCHIN AUCTION
SALE OF - 15TH JANUARY 2013 (SALE NO.03)

 

DEMAND :Good

MARKET :Opened Rs.2'- to Rs.3/- lower. As the sale progressed the decline was Rs.3/- to 5/- and sometimes more towards the close.

BUYING PATTERN :Avt, Vimal Tea Co., Kerala state civil supplies continued to be active on good liquoring teas. Hul, Tata Global 
and exporters fair. Kerala loose tea traders and upcountry buyers subdued.

ORTHODOX DUST :Fair demand.Lower with many withdrawals. Bulk of the offerings were absorbed by exporters and upcountry buyers.

 

About F&W

Forbes & Walker was set up in 1881 as a partnership between James Forbes and Chapmen Walker. Although there is no actual record of the date on which it was established the very first cash book, still in the possession of the Finance Director, indicates the brokerages were earned from 1st August 1881. In Sir Thomas Villiers' book “Mercantile Lore” the date of establishment of Forbes & Walker has been put down      Read More...

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