Tea auctions this week

Wednesday, 17 November 2010 23:02 - - {{hitsCtrl.values.hits}}

This week’s auction offerings totalled approximately 6.8 m kgs.

Ex estate totalling 0.9 m kgs met with good demand. Western BOPS lost Rs.10 – 15 per kg on average whilst Nuwara Eliyas followed a similar trend losing Rs.5-10 per kg on average.

Udapussellawas along with Uvas shed Rs.10-20 per kg. In the BOPFs category Better Western BOPFS lost Rs.10-15 per kg on average whilst Nuwara Eliyas along with the Uva/Udapussellawas declined Rs.10-15 per kg.

In the CTC category High, Mid grown BP1S sold firm to last whilst the Low grown BP1S were irregularly lower. The High grown PF1S were irregularly firm however, the Mid & Low Grown PF1S declined.

In the High & Medium leafy category cleaner PEK/PEK1S lost Rs.5 – 10 per kg whilst better FBOP/FBOPF1S declined by a similar margin. OPAS sold irregularly lower. Low Growns comprising approximately 3.6 m kgs in the Leafy & Tippy catalogues met with lesser demand. The high priced BOP1S lost Rs.10 – 15 per kg whilst others sold irregularly lower.

A few select best OP1S together with a range of clean below best maintained others particularly where the quality was not maintained prices declined. Select best OP/OPAS declined Rs.10-15 per kg however, clean below best sold irregularly lower. The high priced PEK/PEK1S declined others particularly the bolder below best types were generally lower to last.

In the small leaf Tippy catalogues select best FBOPS maintained others declined Rs.10 – 15 per kg. Best tippy types declined in value. Clean well made teas in the below best maintained. Best FF1S were barely steady. Well made teas in the below best category maintained. Cleaner teas at the bottom sold firm.

(Source: Ceylon Tea Brokers)