Jakarta Tea Auctions, Indonesia 18-02-2015

JAKARTA AUCTION
SALE OF - 18TH FEBRUARY 2015 (SALE NO.07)

 

This week a total quantity was declined to 11,220 packages. There was fair interest at irregular levels.

JAVA ORTHODOX TEA - PF better/best lines appreciated by 2-3 cts whilst good medium lines depreciated by 1-4 cts below last week. Dust/D.II better/best lots were sold firm to 2 cts easier but good medium lots withdrawn. PF.II best quality gained by 2-3 cts when sold whereas good medium quality withdrawn.

JAVA CTC TEA - PF1/Dust/Fann strengthened by 4-5 cts above last week levels. PD/D.2 were sold firm to 2 cts easier.

SUMATRA ORTHODOX TEA - BOP/BOPF/Dust were advanced by 3-4 cts when sold. PF/BT/PF.II discounted by 1-2 cts below last week sale. Balance secondary grades were weakened by 4-5 cts.

Source - Sinar Maluku - Jakarta

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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