Colombo Tea Auction - Sale of 7th & 8th May 2019

HIGH GROWN TEAS

BOP

Best Western’s – declined Rs.20-30/- per kg and more. In the below best category, few select improved teas were dearer following special inquiry whilst others were firm and tended easier. Plainer BOP’s were firm to marginally easier. Nuwara Eliyas – high priced teas substantially easier following quality, whilst the others were up to Rs.50/- per kg lower. Uva/Udapussellawas generally firm.

BOPF

Best Western’s – declined Rs.20/- per kg and more following quality. Teas in the below best category declined Rs.20/- per kg and more as the sale progressed. Plainer clean leaf teas firm, others Rs.10-20/- per kg lower. Nuwara Eliyas declined up to Rs.50/- per kg and more for select high priced teas. Udapussellawas were generally firm. Uva – select invoices Rs.20-30/- per kg dearer, others firm and lower by a similar margin.

UNORTHODOX TEAS(CTC)

High Grown

BP1 -Firm and tended dearer. PF1s – Generally firm.

Medium Grown

BP1- Firm. PF1s – Sold around last.

OFF GRADES

FGS1/FGS

Best together with below best varieties declined Rs.10-15/- per kg whilst poorer sorts gained Rs.10/- per kg. Low Growns in general gained Rs.10-15/- per kg. CTC’s too gained Rs.20/- per kg.

DUSTS

DUST-1

Select best primaries sold at last levels. Dust1’s in the best category firm to irregularly dearer. Below best varieties gained Rs.10-20/- per kg and more following quality. Others and poorer sorts gained to a lesser extent. Better mediums gained Rs.20/- per kg and more. Others were irregular and mostly dearer. Select best CTC’s gained Rs.10-20/- per kg and more. Below best gained sharply. Poorer sorts gained Rs.10/- per kg. Best Low Growns firm to irregularly lower. Below best gained Rs.10-20/- per kg following quality. Balance along with the poorer sorts declined by a similar margin.

DUST

Few clean secondaries gained sharply following quality and special inquiry. Balance gained Rs.10-20/- per kg and more. Below best sold at last levels. Poorer sorts were irregular and mostly dearer. CTC’s gained Rs.10-20/- per kg. Better Low Growns firm to irregularly dearer. Poorer sorts sold at last levels.

LOW GROWN TEAS

FBOP/FBOP1

Few select best FBOP’s were firm. Balance were easier. Best together with below best too declined. Cleaner teas at the bottom sold around last levels. Balance were lower. FBOP1’s in general lower.

BOP

Select best were barely steady. Balance declined.

BOP1

A few select best teas maintained. Other high priced teas were barely steady. Balance were fully firm to irregularly dearer.

OP1

A few high priced teas maintained. Others were irregular and lower. At the lower end however prices were fully firm to dearer, particularly for the cleaner types.

OP

A few well made teas maintained. Others in the best and below best category were irregular and lower. At the bottom end cleaner types maintained. Balance were easier.

OPA

Better OPA’s were barely steady. Others too were irregular and easier Rs.5-10/- per kg and more for the stalky teas at the lower end.

PEKOE

Select best PEK/PEK1’s together with a selection of improved below best gained. Other high priced teas though irregular were firm. Bolder types too were fully firm to dearer. Balance were irregular and lower, particularly for the teas at the lower end.

BOPF

In general firm.

FBOPF/FBOPF1

Very tippy teas continued to attract good demand. Best sold around last levels. Cleaner teas and cleaner teas at the bottom firm to dearer. Others firm however the well made leafier varieties maintained. Balance irregular following quality. Few select best FF1’s maintained. Others lower. Best and below best teas declined sharply. Balance firm on last.