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Cochin Tea Auction, India 06-01-2016
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COCHIN AUCTION
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| SALE OF - 05TH JANUARY 2016 (SALE NO.02) |
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CTC DUST DEMAND :Better (93%) MARKET :High priced teas witnessed some resistance and declined when the sale opened, but as the sale progressed became steady to firm and sometimes appreciated in value. Medium and plainer varieties firm to dearer by Rs.3/- to 5/- and sometimes more. BUYING PATTERN :Avt, Kerala state civil supplies active on good liquoring teas along with Kerala loose tea traders. Hindustan Unilever lent useful support. Tata Global subdued. Upcountry buyers active. Exporters procured only a small quantity compared to last week. ORTHODOX DUST DEMAND :Good MARKET :Primary steady. Others firm to dearer. BUYING PATTERN :Exporters and upcountry buyers absorbed a small quantity of orthodox dust sold. Courtesy - 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...