SALE NO: 04 – 23RD/24TH JANUARY 2018
Currently most planting districts are experiencing brighter weather. The Western Sector in particular being extremely bright and sunny during the day followed by cool evenings and nights. At the time of compiling this report, ‘dry winds’ and ‘high hygrometric’ differences essential for the production of bright teas with seasonal character is being experienced in the Western Sector. If the current weather continues, we should see teas with ‘seasonal character’ commencing within the second week of February.
1.2 Mkgs of Ex Estate teas on offer met with lower demand. Best Western BOPs together with the below best sorts declined and the plainer varieties too were somewhat easier. Select best BOPFs declined substantially with a number of invoices remaining unsold. The below best and plainer varieties too declined with a large volume remaining unsold. Nuwara Eliya BOPs were mostly easier, whilst the BOPFs were mostly unsold. Uva/Uda Pussellawa BOPs were irregular, whilst the corresponding BOPFs too were tending easier. Low Grown CTC BP1s were irregularly lower, whilst the High and Medium types declined. Low Grown PF1s were firm on last levels, whilst the High & Medium types were irregularly easier.
There was good demand for the 3.6 Mkgs of Low Growns that came under the hammer. In the Leafy segment, OP1/BOP1s appreciated a few rupees. OP/OPAs continued to attract better demand. Pekoe/Pekoe1s gained several rupees. In the Small leaf segment, Select best BOPs declined a few rupees, whilst the balance were firm. Demand for BOP.SP, BOPF.SP and BOPFs were substantially lower, many invoices remained unsold. Select best FBOPs shed a few rupees, however the others maintained last levels. Select best FBOPF1s held firm, balance declined following quality. Select best Tippy varieties were firm, best and below best types met with improved demand.
There was excellent support from Russia, Iran, Turkey and the C.I.S. countries, whilst Libya and Iraq lent good support.
ALL TIME RECORD PRICE OBTAINED IN THE JK PLC CATALOGUE
|Garden Mark||Grade||Price –Rs.||Category||Management Company/ Proprietor|
|Hingalgoda CTC||PFNGS||805.00||Off Grade||Tea Small Holder Factories PLC|