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Weekly tea sale met with fairly good demand in Ctg

News Desk Economy 2023-11-29, 7:06am

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CTC LEAF: 72,913 packages of tea on offer met with a fairly good demand.



 Weekly tea sale of new session in Chattogram met with a fairly good demand and prices often advanced following competition.

Offerings were heavier than the previous week but with continued support from the Blenders, a larger weight of tea was absorbed. Loose tea buyers were also more active this week. However, it was evident that as the sale progressed demand slackened resulting in heavy withdrawals. Dusts were also an easier market with some withdrawals, sources added.

CTC LEAF: 72,913 packages of tea on offer met with a fairly good demand.

BROKENS: A few well made clean liquoring Brokens met with a strong demand and prices often advanced following competition. The remaining Broken grades met

with a fair demand but where sold, recorded a decline in price. There were several withdrawals in these categories. BLF teas continued to be difficult of sale and suffered heavy withdrawals.

FANNINGS: Good Fannings met with a fairly strong demand and prices were about steady. There were less withdrawals in this category. The remainder met with fair demand but mostly were easier particularly the plainer varieties. BLF teas continued to be difficult of sale and suffered heavy withdrawals.

DUST: 14,493 packages of tea on offer met fair demand with some withdrawals.

Good liquoring Dusts sold Tk.3/- to Tk.5/- less than last with some withdrawals. Mediums were in fair demand with Tk.5/- to Tk.10/- less than last levels with some withdrawals. Plain and BLF Dusts were an easier market with several withdrawals. Blenders were fairly active whilst Loose tea buyers were selective.