KOLKATA TEA AUCTION COMPARISON

The average price also declined further to Rs 304.79 as compared to Rs 312.53 per kg during Sale-37.On the other hand, a downward trend in demand was marked for Dust teas during current auction.


PTI | Kolkata | Updated: 23-09-2022 18:59 IST | Created: 23-09-2022 18:59 IST
KOLKATA TEA AUCTION COMPARISON
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Barring Dust teas, there was an increase in demand for all other categories of teas during Sale-38 which was held on September 21 and 22, a Calcutta Tea Traders Association (CTTA) Official said here on Friday.

According to CTTA data, the total offerings for each category increased during last auction and increased demand was marked for CTC, Orthodox and Darjeeling leaf. But Dust teas suffered a loss in demand. The demand for CTC leaf increased from 20,78,351 kg to 24,44,867 kg and average price declined to Rs 210.85 from Rs 217.83 per kg during this session. Similarly, the demand for Orthodox increased to 15,22,297 kg from 14,32,299 kg and average price slipped to Rs 277.46 from Rs 286.29 per kg. Darjeeling leaf also met with increased demand. A total of 45,557 kg was sold during this week as compared to 38,531 kg which was sold in the previous auction. The average price also declined further to Rs 304.79 as compared to Rs 312.53 per kg during Sale-37.

On the other hand, a downward trend in demand was marked for Dust teas during current auction. The total demand declined to 9,92,344 kg during this week as compared to 10,12,661 kg which was sold during Sale-37. The average price reduced to Rs 227.68 as compared to Rs 248.35 per kg.

There were 157 buyers for CTC leaf, 115 buyers for Orthodox, 54 buyers for Darjeeling leaf and 68 buyers for Dust teas during this auction, he added. During the previous sale i.e., Sale-37 152 buyers purchased CTC leaf, 122 buyers purchased Orthodox, 67 buyers consumed Darjeeling leaf and 79 buyers purchased Dust teas.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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