Cochin Tea Auction, India 20-05-2015

COCHIN AUCTION
SALE OF - 19TH MAY 2015 (SALE NO.21)

 

CTC DUST

DEMAND :Good (sold 82%)

MARKET :The teas which came under the selection of major and regional blenders barely steady to firm and sometimes dearer. The rest irregular and lower by Rs.2/- to 3/- and sometimes more. Lot of withdrawals noticed in the plainer categories.

BUYING PATTERN :Avt, Tata Global Kerala state civil supplies and Hindustan Unilever lent useful support. Kerala loose tea traders and upcountry buyers fair. Exporters confined to medium and plainer varieties.

ORTHODOX DUST

DEMAND :Less

MARKET :Lower and witnessed lot of withdrawals.

BUYING PATTERN :Exporters absorbed a small quantity of orthodox dust sold in the auction.

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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