Chittagong Tea Auctions, Bangladesh 06/05/2015

BANGLADESH AUCTION
SALE OF - 05TH MAY 2015 (SALE NO.01)

 

CTC LEAF: 13,408 packages and 661 packages of Old Season teas on offer met with quite a strong demand with a few withdrawals.

BROKENS: All good liquoring Brokens were strongly competed for and generally sold close to Brokers' price ideas and these ranged between Tk.205/- and Tk.215/-. Medium varieties were also well supported and sold around Tk.190/- and Tk.195/-. The plain types met with a fair demand but generally sold at a discount.

FANNINGS: Well made bright liquoring Fannings were strongly competed for and sold between Tk.205/- and Tk.215/-. Medium varieties witnessed a fairly good demand and generally sold between Tk.190/- and Tk.197/-. Lesser varieties realised between Tk.180/- and Tk.190/- with some withdrawals. Plainest types saw only a fair demand and were generally discounted with prices ranging between Tk.165/- and Tk.175/-. There were some withdrawals in this category. 

CTC DUST: 2,623 packages and 148 packages of Old Season teas on offer met with a good demand. Select few lines of good liquoring RDs/Ds met with a strong competition and sold around Brokers' valuations and higher and these could be quoted between Tk.205/- and Tk.220/-. CDs also sold well with the best lines selling between Tk.280/- and Tk.291/-. Blenders lent strong support with fair interest from the Loose tea buyers.

COMMENTS: This was the First Sale of the season which witnessed a good demand. There was fair enquiry from the Blenders whilst Internal Loose tea buyers operated strongly. As a result, prices realised were higher compared to the First Sale of the previous Season.

Good liquoring Ds and CDs were the bright feature of the sale.

Our catalogue (This week) Avg: Tk.206.06, sold 95.58%.

QUOTATIONS

BROKENS

 

FANNINGS

Large/Bold

2.66 - 2.72

Best

2.72 - 2.83

Medium

2.68 - 2.79

Good

2.62 - 2.68

Small

2.40 - 2.53

Medium

2.49 - 2.55

Plain

2.14 - 2.27

Plain

2.20 - 2.33

Source - National Brokers Limited

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...

©  2025 TeaPortal All rights reserved | BenWorldwide