Kolkata

Category: North Indian Tea Market

Published Date

Written by Kolkata

Weekly Market Report

Sale-33 Held on 18^th & 19^th August 2015

CTC:

Good demand (sold 74%)
Good & best Assam sold steady to easier following quality
Select best Dooars & Cachar steady. Remainder sold around last
Medium & Plainer sorts sold around last
Western India, Tata, & HUL were active
Good export enquiry on bolder brokens
Local traded fair support on Dooars & Cachar

DUST:

Good demand (sold 75%)
Best Assam sold frim, good & medium barely steady
Few Best Dooars & Cachar were around last, remainder sold at irregularly
Medium & Plainer sorts were difficult of sale
Western India, TATA & HUL active on good liquoring teas
Local operated selectively on liquoring sorts

Quotations (In Kolkata Auction):

Grade	Best	Good	Medium	Plain
BOP	205-330	160-190	130-155	65-105
BOPSM	210-285	165-190	135-165	70-120
BP	210-300	170-195	140-170	65-120
PF/OF	205-265	165-190	130-155	75-110
PD	205-285	165-190	135-155	75-120
DUST	205-300	165-195	125-165	70-120
CD	210-300	165-185	135-155	110-125

(In INR)

Kolkata Auction Averages:

Sale 33		2015	2014	Diff +/-	Sale 33	2015	2014	Diff +/-
Assam	Estate	190.82	177.47	13.35	Cachar	134.23	127.59	6.64
Assam	BLF	139.86	129.49	10.37	Tripura	103.20	125.61	-22.41
Dooars & Terai	Estae	150.39	148.35	2.05	Orthodox	255.93	228.72	27.21
Dooars & Terai	BLF	90.40	106.63	-16.23	Darjeeling*	327.26	340.58	-13.32

*S-31

S-33 Top Kolkata Auction Buyers (CTC & Dust):

Sl No	Buyer	Kgs	Avg Pr	Sl No	Buyer	Kgs	Avg Pr
1	TATA GLOBAL BEVERAGES LTD	510,743	200.48	11	KAMRUP TEA CO	43,226	202.66
2	COMMODITIES INTERNATIONAL PVT.LTD	139,168	224.09	12	THE TELOIJAN TEA CO LTD	41,475	181.66
3	HINDUSTHAN UNILEVER LIMITED	115,725	148.26	13	GODFREY PHILLIPS INDIA LTD.	37,537	143.63
4	KESARIA & COMPANY	112,524	203.79	14	C.I. LIMITED	35,241	158.59
5	M. M. TRADERS	107,510	216.89	15	M K JOKAI AGRI PLANTATIONS PVT LTD	34,121	156.95
6	A.K. PATEL & CO.	74,311	188.52	16	V NAGRECHA & COMPANY	33,012	157.02
7	SWISS SINGAPORE INDIA PRIVATE LIMITED	48,402	157.85	17	RAJ TEE COMPANY	31,613	160.83
8	DWARKADAS & COMPANY	45,774	230.70	18	A TOSH & SONS (INDIA) LIMITED	30,871	115.57
9	J. V. GOKAL & COMPANY	44,317	205.43	19	NARENDRA TEA CO (P) LTD	30,780	100.95
10	TEWARI TEA TRADING PVT LTD	43,377	204.23	20	K B SHAH & CO.	29,872	138.17

Kolkata Orthodox:

Less demand
Select Well made, tippy, whole leaf sold around last levels, remainder were easier
Brokens eased in value except BPS which sold at firm levels
Fannings sold irregularly following quality
ME operated with good support from CIS
some enquiry from the continent

World Crop Report (In Mkg)				Upto
Country	Month	2015	2014	2015	2014	+/-
Kenya	June	32.29	31.94	175.26	225.19	-49.92
Malawi	June	1.7	2.2	30.6	34.9	-4.3
Sri Lanka	June	28.9	30.9	172.6	173.6	-1.0
Bangladesh	June	5.76	7.77	14.50	15.97	-1.47
North India	June	99.1	113.4	275.2	267.6	+7.6
South India	June	24.8	30.2	123.6	121.1	+2.5
Uganda	May	4.48	7.23	14.80	26.64	-11.84

Guwahati

Category: North Indian Tea Market

Published Date

Written by Guwahati

WEEKLY ROUND UP

GUWAHATI SALE NO. 31

HELD ON 07,05/08/2015

Demand: Leaf and Dust : Good but eased with progress of sale.

Market Trend: Leaf & Dust: Brighter liquoring teas well competed for and were steady but eased during the

later part. Remainder irregular and easier following quality.

Buying Pattern : Leaf & Dust: TGBL fairly active with good support from WI and Internals .

HUL selective. Exporters quiet.

	LEAF	DUST	TOTAL	LAST SALE’S TOTAL
Offered Packages	94077	41013	135090	129443
Percentage sold	76.59%	70.02%	74.60%	72.49%

TOP NOTCHERS

BOP		BOPSM/BP		OF/PF
HALMARI	342	HALMARI	303	HALMARI	276
DUFLATING	280	MACKEYPORE	302	SOTAI	261
HALMIRA	275	DEHA	302	DUFLATING	256
MACKEYPORE	266	SOTAI	292	MADHUPUR	256
HIRAJULI	265	LUKWAH	291	HIRAJULI	254

PD		DUST		CD
HALMARI	274	HALMARI	282	MATIAPAHAR	274
SUNTOK	271	DUFLATING	272	OUPHULIA	271
MADHUPUR	266	SOTAI	272	KOOMTAIB	270
BANAMALIE	266	MADHUPUR	272	SUNTOK	267
MATIAPAHAR	266	BANAMALIE	272	BAHIPOOKRI	264

FUTURE OFFERINGS IN PKGS (Including Reprints)

CATEGORY	SALE NO. 32			SALE NO. 33
	2015	2014	(+/-)	2015	2014	(+/-)
CTC	90171	104987	-14816	98187	107098	-8911
ORTHODOX	7282	643	6639	2432	428	2004
DUST	39830	43176	-3346	43883	42450	1433
TOTAL	137283	148806	-11523	144502	149976	-5474

ARRIVALS FOR SALE - 34 (IN PKGS), CLOSED ON 05/08/2015

CATEGORY	2015	2014	(+/-)
CTC	119326	118981		345
ORTHODOX	7409	661		6748
DUST	45291	49255		-3964
TOTAL	172026	168897		3129

CACHAR TOP NOTCHERS

BOP		BOPSM		BP
RAMPORE	141	RAMPORE	156	BINNAKANDY	193
BOROKAI	129	HATTICHERRA	134	RAMPORE	156
HATTICHERRA*	128	BOROKAI	128	VASUNDHARA	140

OF/PF		PD		DUST
HATTICHERRA	148	RAMPORE	135	BOROKAI	122
RAMPORE	140	HATTICHERRA*	121	HATTICHERRA*	120
KOOMBER	140	LALBAG*	118	CHANDYPORE	100

*Sold by Paramount Tea Marketing (P) Ltd.

Kenya’s loss of tea output could mean India’s gain

A whopping 50 million kg (mkg) loss in production in Kenya due to drought in the first half of current calendar has thrown open a fresh opportunity for exports of Indian tea.“Kenya has had a bad year with production trailing behind 2014 each month until May. June was relatively a better month with production increasing marginally to 32.20 mkg from 31.94 mkg. However, the overall output in the first half fell to 175.13 mkg from 225.18 mkg,” Rajesh Gupta, compiler of Global Tea Digest, told BusinessLine.

This drop of 50.05 mkg marked a decline of as much as 22.23 per cent.This is significant because Kenya is the world’s largest exporter of black tea accounting for over a quarter of the global tea exports.As Kenya produces mostly CTC variety which is similar to the Indian output, there is scope to covert Kenya’s loss into India’s advantage.“The supply situation in India is favourable with production so far rising by as much as 29.86 mkg over the corresponding period of 2014 to reach 274.93 mkg,” Rajesh Gupta noted.

Mombasa auctions

As of now, Pakistan exerts strong demand in Mombasa auction for all available Kenyan tea. Afghanistan, Kazakhstan and Yemen are other strong bidders there. The UK is selective for some grades. Russia, Egypt, Sudan, Iran and Somalia which have been buying Kenyan teas are now facing the heat of high prices and limiting their offtake.Kenya has reportedly exported some 40 per cent less tea to its major markets, compared to last calendar, because of lower supplies and concomitant high price.

Bright outlook for India

“The reduced supplies from Kenya so far and the less possibility of the short supplies being made good in the near future brighten the prospects for Indian tea exports. We are aiming at increased shipments to Iran, the UK and rest of European continent where short supply of Kenyan tea is felt”, said D Hegde, former UPASI President and Director of The United Nilgiri Tea Estates Co Ltd, substantial portion of whose production is exported (as Chamraj tea).

“Producer-exporters are expecting a rise in shipments by this month-end or September beginning and a concomitant increase in Indian tea prices by at least 10 per cent”, he disclosed.Merchant exporters also see bright scope. “Indian exporters are aiming at Egypt and Pakistan where Kenyan teas are in short supply now. We are increasing our procurement and this should play a major role in halting the falling trend in prices of South Indian teas witnessed recently. This will help producers and small growers as well,” Hemant Shah, a leading exporter, opined.“Indications of increased demand from exporters are seen. Substantial portion of the teas auctioned by us belong to CTC grade manufactured by bought-leaf factories which are suitable in markets consuming Kenyan teas. We are waiting for a major revival in price now,” Ramesh Bhojarajan, Chairman, Coonoor Tea Trade Association, said.

Exports dip 13%.

India’s tea exports so far this calendar has been trailing behind the corresponding period of last year.According to Tea Board, till May, the latest period for which official data is available, India exported 76.09 mkg of tea worth Rs.1301.72 crore against 85.07 mkg worth Rs.1592.98 crore in January-May 2014.This marked a decline of 12.41 per cent in volume and 1.15 per cent in value.

Source – The Assam Tribune

Siliguri

Category: North Indian Tea Market

Published Date

Written by Siliguri

FINAL MARKET REPORT Sale-32

Paramount Tea Marketing Pvt Ltd

Siliguri Held on 10^TH TO 11^th August, 2016.

MARKET DESCRIPTION

CTC:

Good demand (75.70%)

Teas sold at easier levels.

Internal buyers operated with fair support from HUL & Regional packeteers

DUST:

Fair demand (66.64%)

Prices for all sorts were steady to easier following quality.

Internal buyers operated.

Auction Sold Qty (In Lac) with Avgs & Out lot %

	Sale-32			Sale- 31			Total
	CTC	DUST	OUTLOTS	CTC	DUST	OUTLOTS	Sale-32	Sale- 31
Sold Qty	27.40	4.19	26%	22.27	3.91	28%	31.60	26.18
Avg Price	129.46	124.43	26%	133.36	126.37	28%	128.79	132.31

STAC QNTY SOLD & AVG PRICE IN LAC KGS
2016				2015				DIFFERENCE
SALE 32/2016		UPTO THE SALE		SALE 32/2015		UPTO THE SALE		FOR THE SALE		UPTO THE SALE
QNTY	AVG	QNTY	AVG	QNTY	AVG	QNTY	AVG	QNTY	AVG	QNTY	AVG
31.60	128.79	346.52	137.65	26.56	126.98	341.80	129.91	5.04	1.81	4.72	7.74

TOP NOTCHERS

BOP		BOPSM		BP		OF
SARAT	179	KARTICK	201	KARBALLA CLONAL SPECIAL	227	RYDAK	206
BINAGURI	171	DALGAON	186	KARTICK	216	HANSQUA	202
PAHARGOOMIAH	170	KUMARGRAM	184	PAHARGOOMIAH	211	PAHARGOOMIAH	201
INDONG GOLD	167	GOPALPUR	184	RYDAK	210	KARTICK	197
DALGAON	167	PAHARGOOMIAH	184	HANSQUA	202	BINAGURI	195

DUST

KARTICK

200

KARTICK

176

DALGAON

187

RYDAK

175

BINAGURI

176

BINAGURI

174

RYDAK

175

KUMARGRAM

173

NEPUCHAPUR

173

PAHARGOOMIAH

171

PRICE RANGE

Price Range	Sold Qty (In lac)		Sold %
Price Range	Sale-32	Sale -31	Sale-32	Sale-31
Up to-100	5.23	3.15	16.54	12.03
101-120	10.25	8.62	32.44	32.91
121-140	5.50	4.56	17.42	17.44
141-160	3.89	3.38	12.32	12.90
161-180	4.55	4.13	14.40	15.78
181-200	1.79	1.90	5.65	7.26
ABOVE 200	0.38	0.44	1.23	1.67

GARDEN LEVELS (In Rs)

CATEGORY	LARGE BROKENS	BROKENS	FANNINGS	DUST
BEST	151-171	191-211	191-209	167-177
GOOD	141-151	171-191	169-191	157-167
MEDIUM	121-141	161-171	151-169	147-157
PLAIN	111-121	131-161	131-151	127-147

BLF LEVELS (In Rs)

CATEGORY	LARGE BROKENS	BROKEN	FANNINGS	DUST
BEST	114-124	124-134	124-134	115-125
GOOD	104-114	104-124	114-124	105-115
MEDIUM	94-104	96-104	100-110	95-105
PLAIN	84-94	91-96	94-104	91-95

Grade wise Avg Price & Percentage to Total Sales
	BOP	BOPL	BOPSM	BOPSM1	BP	BP1	OF	OF1	PD	PD1	D	D1
SALE 32	116.75	123.75	125.90	111.92	136.10	122.86	129.69	112.83	128.75	115.75	126.4	107
SALE 32	4.86	0.42	15.37	0.97	37.02	7.72	16.58	3.40	7.21	2.23	2.71	0.74
SALE31	120.48	139.03	129.16	109.50	138.81	120.52	139.30	117.61	129.40	114.42	132	113
SALE31	4.49	0.41	13.80	1.34	33.84	8.05	19.49	3.06	7.69	2.79	3.59	0.79

Top Twenty Buyers

SL NO.	BUYERS	DEAL QNTY (KGS)	AVG PRICE
1	HUL	281349	126.93
2	BANSAL TEA TRADERS	126195	117.81
3	LAXMI TEA TRADING CO	104434	110.99
4	GGL	86067	113.74
5	K.B TEA PRODUCT	82503	154.39
6	DALMIA TEA	79524	183.14
7	RAJ ENTERPRISES	77061	155.95
8	MOHANI TEA LEAVES	64140	107.83
9	TEA SERVICES	63424	116.35
10	LEAF TEA HOUSE	62233	134.57
11	PATAKA INDTS	57898	141.43
12	DTL	57479	105.29
13	JAYSHREE TEA & INDTS	46152	100.36
14	BANSAL AGRO & TEA	44547	108.05
15	MILAN AGRO CO	43540	109.57
16	SRI PURBANCHAL TEA	40104	124.69
17	KALIKA TEA TRADERS	39451	104.80
18	SUDEEP SALES AGENCY	36473	170.63
19	JAMNADAS TRIBHOVANDAS	35298	103.64
20	MAHAVIR TEA CENTRE	34791	121.85

Area Wise Sold Qty (In Lac) & Avg Price

AREA	DOOARS				+/-
SALE NO.	SALE-32 CY		SALE-32 LY		+/-
	EST	BLF	EST	BLF	EST	BLF
SOLD QTY	11.79	5.79	5.07	8.37	6.07	-2.58
AVG PRICE	152.45	108.16	136.68	106.38	15.77	1.78

AREA	TERAI				+/-
SALE NO	SALE-32 CY		SALE-32 LY		+/-
	EST	BLF	EST	BLF	EST	BLF
SOLD QTY	5.06	8.37	4.14	5.62	0.92	2.75
AVG PRICE	136.68	106.38	148.25	93.88	11.57	12.5

FRESH ARRIVALS FOR SALE – 35 (IN PKGS)

CATEGORY	2016	2015	+/-
CTC	91318	92929	-1611
DUST	13305	13593	-288
TOTAL	104623	109522	-4899

Web: www.paramounttea.com

Tea news

Claim on tea garden buyers

OUR CORRESPONDENT

Siliguri, July 28: The Madarihat BJP MLA, Manoj Tigga, today claimed that the Tea Board of India had found prospective buyers for four of the seven tea estates taken over from the Duncans' Goenka Group.

Speaking to The Telegraph over the phone, Tigga said: "As the Tea Board had acquired seven tea estates of the group and was scouting for their buyers, I had visited the board's headquarters in Calcutta a couple of days back. I spoke to officials of the board who told me that they had found suitable investors for four gardens."

"The board officials have sent the details of the investors and all necessary documents to the Union ministry of commerce and industry. The ministry will go through the documents and is likely to give the final approval," the MLA said.

The four gardens, he said, are Dhumchipara, Garganda, Hantapara and Birpara. "For the remaining three tea estates, the Tea Board will soon issue fresh tenders," Tigga said.

The other three gardens which the board had acquired in January are Tulsipara, Demdima and Lankapara. All the seven gardens are located in Madarihat block, that is under Tigga's constituency.

The MLA, who is also a member of the Assembly standing committee on labour, said: "After the approval comes from the ministry, the Tea Board will inform the Calcutta High Court about the new developments as a case is pending there on the acquisition of the seven tea estates. It is the judiciary that will take the final decision."

The Duncans' Group had moved the high court against the takeover of the gardens.

Quick and hassle-free

Swaati Chaudhury| 12 August, 2016

Here’s some good news for the tea garden owners of North Bengal who are looking to transport their goods from the plantation site to the office in a quick and hassle-free way. Major three-wheeler player, Bajaj Auto, has rolled out a low-cost, three-wheeler cargo vehicle called Maxima C that promises to give more mileage, run smoothly with less vibration and give a good account of itself on steep and inhospitable Himalayan terrains.

Neeraj Khandelwal, regional head, West Bengal and North-East, Bajaj Commercial Vehicles, said, “Our newly-launched three-wheeler cargo has 23 per cent more power and its parts are sturdy and highly durable. It can run on both compressed natural gas or diesel and we are offering free maintenance for a year. Since there are a number of tea gardens in the Dooars and Darjeeling Hills, this three-wheeler cargo will be highly suitable to transport tea. The cargo vehicle can also make more trips in a short time and will be in high demand in the tea gardens in and around Siliguri, Jalpaiguri, Malbazaar, Cooch Behar and Dhupguri. This kind of vehicle can easily negotiate rough and narrow roads in high-altitude zones.” The three-wheeler Maxima C comes at a price of Rs 1,99,891.

Tea gardens aside, the three-wheeler cargo is the best option for transporting beverages like coffee in the Nilgiri Hills down south and perishable vegetables and fruits like oranges in the Darjeeling Hills.

Khandelwal said, “Our three-wheeler segment commands around 90 per cent market share in the alternate fuel segment and sales are quite robust in North Bengal. With the launch of the new three-wheeler cargo, we are targeting about 25 per cent market share in North Bengal in the current fiscal. We have four dealers for three-wheeler cargo vehicles in Bengal including two in Kolkata and one each in Durgapur and Siliguri.”

The auto major, however, has stiff competition from the Mahindra Group in the three-wheeler cargo segment. Khandelwal said, “We are hoping for a sale of 50 to 60 three-wheeler vehicles per month in the initial period and that is likely to go up in future. The three-wheeler cargo scenario in Bengal has a bright future and is likely to record a 10-15 per cent growth in the next couple of years.”

Kolkata

Guwahati

Kenya’s loss of tea output could mean India’s gain

Siliguri

NI Tea Markets