A total 7.5 million Kgs were on offer this week. Once again, there was good demand for the better teas, whilst the others witnessed fair demand mostly at easier rates following quality.
Ex-Estate offerings were marginally lower to last and totalled approximately 1.0 million Kgs. A selection of good teas from the Western planting districts continued to sell at firm to dearer rates, whilst a majority comprising of fair average quality teas weakened by a further Rs. 10-20 per kg. Teas from the Eastern slopes - Uda Pussellawa BOP's continued to weaken by Rs. 20 per kg, whilst the corresponding BOPF's which commenced Rs. 10 per kg lower strengthened as the sale progresses and sold at firm to marginally dearer rates. Uva BOP's declined Rs. 20-30 per kg particularly for the teas in the higher price bracket, whilst the corresponding BOPF's followed a similar trend and declined Rs. 20-30 per kg.
High and Mid Grown CTC teas - BP1's continued to be difficult of sale, whilst the PF1's were firm to Rs. 10-20 per kg lower following quality. Corresponding Low Grown varieties - BP1's were Rs. 20-30 per kg lower and often difficult of sale, whilst the PF1's gained Rs. 20 per kg and more as the sale progressed, perhaps following less availability this week.
Low Growns comprised 3.1 million Kgs in the Leafy/Semi Leafy and Tippy catalogues. There was fair demand.
Well-made OP1/BOP1's maintained, whilst a range of improved Below Best varieties gained. Others and poorer sorts maintained. Better OP/OPA's were dearer, whilst a range of improved Below Best varieties too gained. Others were irregular and lower. Better PEK/PEK1's were fully firm to selectively dearer, whilst a range of improved Below Best varieties maintained. Others and poorer sorts were barely steady.
In the Tippy catalogues, well-made FBOP's together with cleaner Below Best appreciated, whilst the balance were irregular following quality. Select Best and Best FF1's were firm. Cleaner below Best too sold around last levels, whilst the balance were easier following quality.
In the Premium catalogue, very Tippy teas continued to attract good demand. Best and cleaner Below Best appreciated, whilst the balance were easier following quality.
TEA AUCTION DETAILS
AUCTION NO. |
25 |
24 |
||
Dates |
29th/ 30th Jun 2021 |
21st/ 22nd Jun 2021 |
||
Ex Estate |
906 |
1,070,336 kg |
903 |
1,046,615 kg |
| High & Medium | 1,939
|
979,245 kg |
1,782
|
941,619 kg |
Low Growns Leafy Semi Leafy |
2,221 1,671 |
1,015,222 kg |
2,375 1,989 |
1,076,365 kg |
|
Tippy |
2,248 |
1,168,118 kg |
1,957 |
1,025,772 kg |
Premium/Flowery |
401 |
72,384 kg |
337 |
61,502 kg |
Off Grades |
2,326 |
1,395,742 kg |
2,412 |
1,428,212 kg |
Dust |
676 |
729,831 kg |
654 |
704,725 kg |
Grand Total |
12,388 |
7,233,942 kg |
12,409 |
7,294,719 kg |
(Source- Forbes & Walker Tea Brokers)
