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Jakarta Tea Auctions, Indonesia 20-05-2015

JAKARTA AUCTION
SALE OF - 20TH MAY 2015 (SALE NO.20)

 

This week sale, a total quantity was declined to 8,320 packages. There was fair buyer interest, though at irregular rate.

JAVA ORTHODOX TEA - BOP/BOPF/BT withdrawn due to less buyers support. PF better/best lots gained by 2-4 cts whilst good medium lots maintained last week levels. Dust/PFII/BTII better/best lots sold firm to 2 cts dearer but good medium lots discounted by 3-5 cts below last week.

JAVA CTC TEA - PF1/PD were maintained last week prices. Fann/D2 advanced by 2-5 cts above last week sale.

SUMATRA ORTHODOX TEA - BOP/BT declined by 5-6 cts when sold. BOPF withdrawn due to lost buyers support. PF/Dust/BP and secondary grades were sold firm to 2 cts dearer.

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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