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  • Global Market Report

    Tea market report 14th – 18th October, 2002

    MOMBASA: Good demand. Better BP1’s eased 3-6, mediums irregular and largely unchanged, plain sorts steady to 6 lower. Best PF1 declined up to 15, below best, good mediums, plain & coloury varieties eased by 7, mediums were 3-5 down. Better PD’s fell by 10-20 with selected lines firm, Medium were steady to 3 easier while plain sorts shed 5. Better D1 generally easier by up to 9, medium & plainer types tended steady to 3 below last. In the secondary catalogues, clean Dust, Fannings & BMF were firm to dearer, poor varieties eased a little. Pakistan, Egypt, Sudan, Somalia, Ethiopia, Yemen, UK operated without pushing.

    COLOMBO: Fair demand. Best Dimbula’s gained 3-5, others lower by a similar margin. Better N’Eliya’s barely steady, others lost 3-6. High priced Uva / Udapuss lower, others gained 4-6. Best mediums sold at last, remainder 3-5 dearer. Well made leafy low grown teas eased 3-6 while tea at the bottom lost 2-4. Better OPA’s gained 4 while poorer teas eased by a similar margin. Pekoes declined 4-8, tippy sorts eased. Better off-grade Fannings 4-8 dearer, BP / BM and low grown went higher by 2-4. Primary Dusts 3-6 lower, secondaries also easier but to a lesser extent. CIS, Pakistan, Middle East, UK, USA, EEC, Japan internal active.

    JAKARTA: Good demand. Java orthodox steady to dearer except PF / Dust which tended easier. Sumatra orthodox followed a similar trend to Java. CTC Rs.2 to Rs.4 dearer all round. Major blender, Pakistan, UK / EEC, Malaysia active.

    CHITTAGONG: Good demand. Firm to 2 dearer all round. Internal, Afghanistan active. Pakistan, CIS selective.

    BLANTYRE: Good demand. BP1 / leafy PF1 generally 2-5 dearer. Best PF1 / F1 gained 5, medium & plain sorts advanced 8-10. PD / D1 firm to 2 dearer. Secondary Fannings 1-2 dearer, Dusts 5-7 easier. UK, RSA, Pakistan, Local buyers active.

    Courtesy - vanrees.com

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