Cochin Tea Auction, India 10-06-2015

COCHIN AUCTION
SALE OF - 09TH JUNE 2015 (SALE NO.24)

 

CTC DUST

DEMAND :Good (80% sold)

MARKET :Good liquoring teas steady to firm and sometimes dearer. Others irregular and lower and faced some withdrawals. Grainier varieties generally appreciated in value following export enquiry.

BUYING PATTERN :Major blenders continued to be active along with regional blenders. Kerala loose tea traders lent useful support. Better enquiry noticed from exporters and upcountry buyers on grainier varieties.

ORTHODOX DUST

DEMAND :Less

MARKET :Lower by Rs.3/- to 5/- and witnessed heavy withdrawals.

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

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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