Malawi Tea Auctions, Limbe 17/06/2015

MALAWI AUCTION
SALE OF - 16TH JUNE 2015 (SALE NO.24)

 

There was strong demand for the bright and coloury invoices at firm to dearer rates for the 8,460 packages on offer.

BP.1 were barely steady.

PF1 - Bright and coloury invoices met strong competition at firm to 10 USC up on last, balance were generally firm.

PF - Brighter invoices were about firm on last, Lesser sorts neglected.

PD were firm to dearer following quality with some invoices gaining up to 20 USC on last.

D1 - Single line available did not attract interest.

PF1 SC - Fresh invoices met good demand at firm rates, old invoices were not supported.

Secondary grades were irregular at generally easier rates.

Source - Tea Brokers Central Africa 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...

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