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BANGLADESH AUCTION
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SALE OF - 05TH JANUARY 2016 (SALE NO.34) |
CTC LEAF: 32,216 packages of teas on offer met with a fairly good demand at generally easier rates. BROKENS: Good liquoring Brokens met with a strong demand and were generally firm to occasionally dearer and the rates ranged between Tk.195/- and Tk.198/-. Other varieties met with a selective demand and were mostly easier with fair withdrawals particularly the plain and end of season varieties. FANNINGS: Good Fannings were a fairly strong market but prices were slightly easier and these could be quoted between Tk.194/- and Tk.197/-. Mediums were easier following quality whilst plain and end of season varieties shed in value with considerable withdrawals. CTC DUST: 4,703 packages of teas on offer once again met with a strong demand. Good liquoring varieties were firm to slightly dearer following competition. Others sold at around last levels with the plainer varieties easing slightly with some withdrawals. Blenders lent strong support with fair interest from the Loose tea buyers. COMMENTS: There was much less competition in the room except for the best where prices maintained its value. For all others, rates eased especially for the poorer and end of season varieties. Blenders were again the mainstay of the market with some interest from the Loose Tea buyers. Good liquoring Dusts were a strong feature of the sale. Our catalogue (This week) Avg: Tk 193.87 sold 75.3% & (Last Week) Avg. Tk 193.56 sold 87.8%
Courtesy - National Brokers Limited |
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...