Cochin Tea Auction, India 08-04-2015

COCHIN AUCTION
SALE OF - 07TH APRIL 2015 (SALE NO.15)

 

CTC DUST

DEMAND :Better (sold 90%)

MARKET :Good liquoring and teas which came under the selection of major blenders were dearer by Rs.2/- to 5/- and more, especially as the sale progressed. However the increase in prices was less for medium and plainer varieties particularly bolder grades.

BUYING PATTERN :Avt, Tata Global Beverages Ltd active on good liquoring varieties. Kerala state civil supplies corporation and Kerala loose tea traders lent useful support. Improved export enquiry noticed.

ORTHODOX DUST

DEMAND :Less

MARKET :Lower and witnessed many withdrawals.

BUYING PATTERN :Small quantity of orthodox dust sold was absorbed by exporters.

Source - Forbes, Ewart & Figgis (Pvt) Ltd., Cochin

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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