Thanks to technical glitches (“link failure”), no online sale of Orthodox tea could take place this week (Sale Number 40) at Kolkata auction, while there was partial sale of CTC, according to tea brokers’ sources.
However, normal sales took place at Guwahati and Siliguri, it is learnt. Inquiries reveal that the pending sales would be carried forward to next week.
This week at Sale 40, the total offerings (packages) at the three North Indian auction centres were 4,50,873. It might be recalled that there were no sales in the corresponding period of last year.
This week at Kolkata, the offerings comprised CTC/Dust 1,56,423 (nil), Orthodox 32,888 (nil) and Darjeeling 9,258 (nil). The corresponding figures for the two other centres were: Guwahati 1,39,281 (nil) and Siliguri 1,13,023 (nil).
Liquoring Assam CTCs sold irregularly around last levels while the remainder was lower. Dooars was irregularly easier.
Tata Global was the mainstay and there was fair support from Hindustan Unilever on the leaf teas and active enquiry for the Dusts. Western India dealers operated on the liquoring sorts. North India and local sections were selective. Exporters operated on the larger brokens and fannings.
Due to a link failure at Kolkata, the CTC leaf and dust sales could not be completed. The remainder of the sale has been deferred to next week.
Darjeeling wholeleaf varieties witnessed improved enquiry and the prices were firm with selected lines selling at attractive levels. Brokens and fannings also maintained levels. Tata Global, Hindustan Unilever and traditional exporters were the mainstay. Local dealers were active for cheaper brokens and fannings.
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