A total of 5.5 million Kgs were on offer this week. Overall, there was fair general demand at slightly easier rates.
Ex-Estate offerings totalled 0.65 million Kgs, marginally lower to the 0.73 million Kgs on offer in the previous week. BOP's met with good demand, whilst the BOPF's in the Best and Below Best categories were mostly easier. However, teas at the lower end of the market remained firm.
Best Western BOP's, which commenced firm, appreciated selectively and at times substantially following special inquiry particularly as the sale progressed. Corresponding BOPF's were often Rs. 10-20 per kg easier with the exception of a handful of invoices which appreciated by a similar margin. In the Below Best category BOP's gained Rs. 10-20 per kg, whilst the corresponding BOPF's were irregular. At the lower end, BOP's gained Rs. 20-30 per kg, whilst the corresponding BOPF's were firm and Rs. 10-20 per kg dearer for the clean leaf invoices. Nuwara Eliyas - the very limited availability of BOP/BOPF invoices continued to sell at premium levels. Uva/Uda Pussellawa BOP's gained Rs. 20 per kg and more for clean leaf teas. Corresponding BOPF's were firm and tended dearer.
High and Medium CTC teas continued to be buoyant and mostly sold at firm to marginally dearer rates. Corresponding Low Grown varieties witnessed a further price correction this week and declined by Rs. 20 per kg and more following quality.
Low Growns totalled 2.7 million Kgs in the Leafy/Semi Leafy and Tippy catalogues this week. Quality on offer showed no appreciable change. There was fair demand at lower levels. OP1/BOP1's were mostly lower to last with the high priced teas declining fairly substantially, particularly where quality was not maintained. OP/OPA's too declined Rs. 20-30 per kg. At the Lower end, however, there was good demand with prices maintaining last levels. PEK/PEK1's declined Rs. 10-20 per kg and more for the Below Best varieties. In the Tippy catalogues, better FBOP/FF1's were irregular. Cleaner secondaries though irregular were generally firm. At the lower end, prices were firm on last. In the Premium catalogue, better teas were fully firm to dearer. Others were irregular, particularly where quality was not maintained.
AUCTION NO. |
47 |
46 |
||
Dates |
01st / 2nd Dec 2020 |
24th / 25th Nov 2020 |
||
Ex Estate |
609 |
685,708 kg |
582 |
674,655 kg |
| High & Medium | 1,416
|
675,787 kg |
1,379
|
681,462 kg |
Low Growns Leafy Semi Leafy |
2,130 1,703 |
906,994 kg |
2,056 1,712 |
880,597 kg |
|
Tippy |
1,666 |
860,606 kg |
1,684 |
901,650 kg |
Premium/Flowery |
346 |
58,625 kg |
423 |
71,984 kg |
Off Grades |
2,186 |
1,130,511 kg |
1,873 |
1,026,890 kg |
Dust |
460 |
432,200 kg |
405 |
388,358 kg |
Grand Total |
10,516 |
5,584,416 kg |
10,114 |
5,473,764 kg |
