This week’s auction offerings totalled 6.1 M/Kgs recording a continued decline in volumes over the past three to four weeks. Low Growns continued to meet with good demand, whilst High Growns Rotovane teas witnessed some recovery following improvement in quality particularly for teas from the Western slopes.
Ex-Estate offerings totalled 0.9 M/Kgs. There was improved demand and prices fluctuated selectively following quality for most teas from the Western and Nuwara Eliya planting districts. Teas from the Eastern Sector (Uva/UdaPussellawa planting regions) saw lukewarm interest and prices were somewhat disappointing, with most teas declining on last week’s levels. Nuwara Eliya’s continued to sell around last week’s levels.
High and Medium Grown CTC teas continued to sell around last, with select BP1 invoices gaining in value. Corresponding Low Grown types were firm to dearer, particularly for the PF1’s.
Courtecy Forbes & Walker Tea Brokers
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