Jakarta Tea Auctions, Indonesia 06-05-2015

JAKARTA AUCTION
SALE OF - 06TH MAY 2015 (SALE NO.18)

 

This week sale, a total quantity was improved to 12,420 packages. There was fair demand, though at irregular rate following quality.

JAVA ORTHODOX TEA - BOP/PF/Dust decreased by 2-4 cts below last week sale. BOPF/BT withdrawn due to lost buyers interest. Secondary grades were sold firm to 2 cts easier.

JAVA CTC TEA - BP1/PF1/Fann/D2 declined by 3-4 cts below last week. PD/Dust were sold firm to 2 cts easier.

SUMATRA ORTHODOX TEA - BOP/Dust/BT/BP were sold firm to 2 cts dearer. BOPF/PF gained by 5-6 cts above last week levels. PF.II enjoyed buyers support, strengthened by 9-17 cts when sold. Balance secondary grades were advanced by 6-8 cts above last week sale.

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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