Cochin Tea Auction, India 13-05-2015

COCHIN AUCTION
SALE OF - 12TH/ 13TH MAY 2015 (SALE NO.20)

 

CTC DUST

DEMAND :Good (sold 80%)

MARKET :Opened on a steady note, but as the sale progressed declined by Rs.2/- to 5/- and more towards the close.

BUYING PATTERN :Avt, Kerala state civil supplies active on good liquoring teas. Tata Global, Hindustan Unilever and Kerala loose tea traders lent fair support. Better enquiry noticed from exporters and upcountry buyers.

ORTHODOX DUST

DEMAND :Less

MARKET :Lower and witnessed heavy withdrawals.

BUYING PATTERN :A very small quantity of orthodox dust sold was absorbed by upcountry buyers.

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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