TMR2014-8 - John Keells Limited

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TEA MARKET REPORT : SALE NO: 08 – 25TH/26TH FEBRUARY 2014
COMMENTS
P O BOX 76, COLOMBO. TEL : 2306000
Latest reports from the High Grown regions indicate drought conditions particularly in the Western
sector following the sporadic rainfall that was experienced over the weekend. Crop intakes from all
regions are showing a downward trend which is normal for the time of the year. Elsewhere around
the major tea producing countries crop intakes are moderate.
Liquors of Western teas which were produced under ideal conditions, such as low ambient
temperatures and high hygrometric differences have shown the normal seasonal quality and
brightness. Even though the low temperatures are not experienced in most planting districts at the
time of writing, the present dry conditions should prompt the producers to manufacture brighter
teas with colour and strength.
Ex-Estate offerings comprised of 1.16 M/kgs and met with lower demand. Best Western BOPs were
selectively dearer following quality, whilst the corresponding BOPFs were lower by Rs 20 -30 and at
times more. Below Best sorts were lower by Rs.10/- to Rs.20/- at the commencement of the sale
and eased further towards the latter part. Plainer sorts were irregularly lower. Nuwara Eliya BOPs
were fully firm to a little dearer, whilst BOPFs were
Rs.10/- easier at times.
Uva /
Udapussellawa’s were barely steady at the initial stages of the sale, however these prices declined
further by Rs.10/- to Rs.20/- as the sale progressed. Select Best Low Grown BP1s were dearer by
Rs.10/- to Rs.20/-, whilst the select best PF1s declined substantially by Rs.40/- to Rs.50/-. High
and Medium types too were lower by Rs.10/- to Rs.15/- on average.
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Contd.
The 3.5 Mkgs of Low Growns that came under the hammer this week, yet again met with less
demand particularly for the small leaf and the Tippy varieties. In the Leafy category, select
best BOP1/OP1s met with less demand and declined in value, whilst OP/OPAs along with
PEKOE/PEKOE1s maintained last levels. Better FBOPs and FBOPF1s shed Rs.20/- to Rs.30/- ,
below best and poorer types were also lower by a similar margin and at times were neglected
due to lack of interest. The Tippy varieties declined sharply with many invoices remaining
unsold due to lack of demand.
There was less demand from Iran however Russia, Turkey, Syria and Libya lent fair support.
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A few Select best BOPs sold well on special inquiry, other good invoices shed Rs.10/- to Rs.20/-, below best
sorts eased Rs.20/-, plainer varieties declined Rs.5/- to Rs.10/-. Select best BOPFs declined Rs.10/- to Rs.20/other good invoices shed by a similar margin and more at times, below best sorts eased Rs.20/- on average
and more as the sale progressed, plainer varieties declined Rs.5/- to Rs.10/- on average. Medium BOPs shed
Rs.10/- to Rs.20/-. BOPFs eased Rs.10/- and more for the poor leaf sorts.
BOPs gained Rs.20/- to Rs.30/- on average. BOPFs were barely steady.
BOPs declined Rs.10/- and more at times. BOPFs shed Rs.10/- to Rs.20/- on average. Uda Pussellawa BOPs
were irregularly lower. BOPFs eased Rs.20/- on average.
Low Grown CTC PF1s declined Rs.30/- to Rs.40/- and more at times with a fair volume remaining unsold. BP1s
advanced Rs.10/-. High & Medium PF1s declined Rs.10/- to Rs.20/- on average. BP1s advanced Rs.10/- to
Rs.15/-.
Fair demand. Select best OP1s eased Rs.20/- to Rs.30/-, however best types were firm to dearer by Rs.5/- to
Rs.10/-, below best and poorer sorts were firm. Select best BOP1s shed Rs.15/- to Rs.20/-, best types eased
Rs.10/- on average, below best and poorer sorts were firm to lower by Rs.5/- to Rs.10/-. Select best OPs
were mainly steady, wiry OPs gained Rs.5/- to Rs.10/-, balance were firm. Select best along with best OPAs
maintained last levels, clean below best and poorer sorts were firm to at times dearer by Rs.3/- to Rs.5/-, the
balance tended lower. Select best Pekoe1s shed Rs.5/- to Rs.10/-, however best and below best varieties
were irregularly dearer by Rs.5/- to Rs.10/-, poorer sorts were firm. Bold Pekoe varieties were fully firm to
dearer by Rs.5/- to Rs.10/-, clean flaky types gained Rs.5/- to Rs.10/-, whilst others were firm.Lower demand
to last for Tippy/small leaf grades. Select best and best BOP/BOPSPs shed Rs.20/- to Rs.30/-, below best and
poorer sorts too were lower by Rs.10/- to Rs.20/-. Select best and best FBOPs were lower by Rs.20/- to
Rs.30/-, below best and poorer sorts too declined Rs.20/- and at times were difficult of sale due to lack of
demand. Select best and best FBOPF1s shed Rs.20/- to Rs.30/-, below best and poorer sorts too were lower by
Rs.20/-. Select best and best Tippy sorts were substantially lower to last, below best and poorer types too
declined several rupees below last levels and at times remained difficult of sale due to lack of demand.
Select best and best liquoring Fngs1s were firm to last, below best and poorer sorts too were firm. Select best
BMs were firm to dearer by Rs.5/- to Rs.10/-, whilst the below best and poorer sorts were lower by Rs.5/- to
Rs.10/- and more at times. All Low Grown Fngs were sold at firm levels. All BPs were firm. Select best and
best BOP1As were irregularly dearer by Rs.5/- to Rs. 10/-, whilst the balance were firm on last levels.
Select best Dust1s declined Rs.20/- to Rs.30/-, whilst best and below best types declined Rs.25/- to Rs.30/and more as the sale progressed. Clean secondaries declined Rs.10/- to Rs.15/-, whilst the below best types
were firm, poorer sorts declined Rs.10/- to Rs.15/-. Best Low Grown Dust/Dust1s declined Rs.5/- to Rs.10/- ,
whilst the balance declined Rs.10/- to Rs.20/- and more at times.
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Parity Rates – SL Rupee spot middle rate - USD : 132.42
GBP : 221.24
EURO : 182.67
BOP
BOPF
Good Westerns
500 – 650
480 - 600
Average Westerns
445 – 470
440 - 470
Plainer Westerns
415 – 435
420 - 435
Western Mediums
415 – 720
395 - 450
Uva Teas
380 – 440
400 - 510
Nuwara Eliya Teas
560 – 580
520 - 530
Udapussellawa Teas
370 – 450
380 - 450
CTC (BP1 and PF1)
375 – 500
370 - 600
LIQUORING
DUST-1
OFF GRADES FGS1
FGS
LOW GROWNS
FBOP
BOP1
BOP
BOP.SP
BOPF
FBOPF/FF.SP/EX SP.
FBOPF1
OP1
OP
OPA
PEKOE
PEKOE1
DUST/DUST1
Select Best
Best
Below Best
Others
560.00-670.00
470.00-520.00
420.00-450.00
340.00-380.00
420.00-440.00
380.00-400.00
300.00-360.00
300.00-320.00
360.00-460.00
300.00-330.00
280.00-290.00
250.00-270.00
580.00-620.00
530.00-550.00
450.00-500.00
400.00-430.00
660.00-760.00
590.00-650.00
510.00-580.00
460.00-500.00
570.00-600.00
520.00-540.00
450.00-480.00
400.00-440.00
550.00-600.00
520.00-540.00
450.00-480.00
400.00-425.00
550.00-580.00
520.00-540.00
430.00-460.00
325.00-375.00
800.00-1800.00
600.00-700.00
500.00-550.00
440.00-480.00
570.00-600.00
500.00-540.00
450.00-480.00
420.00-440.00
700.00-810.00
650.00-690.00
540.00-640.00
470.00-530.00
540.00-660.00
490.00-530.00
470.00-480.00
400.00-460.00
530.00-630.00
490.00-520.00
470.00-480.00
400.00-460.00
590.00-700.00
530.00-580.00
480.00-520.00
440.00-470.00
610.00-720.00
560.00-600.00
530.00-550.00
480.00-520.00
430.00-470.00
315.00-335.00
300.00-310.00
250.00-260.00
Approximate price range in Rupees per kg
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BOP
BOPSP
BOPF/BOPFSP
FBOP/FBOP1
PEKOE/PEKOE1
OP1
BOP1
OP/OPA
FF/FF1
*
*
*
BOP
*
BOPF/BOPFSP
*
FBOP/FBOP1
PEKOE/PEKOE1
OP/OPA
*
*
*
BOP
BOP.SP
BOPF/BOPFSP
PEKOE/PEKOE1
OP1
BOP1
OP/OPA
FBOPF/FBOPF1
PF1
BP1
OF
BPS
Lovers Leap
Mahagastotte
Court Lodge
Lovers Leap
Mahagastotte
Lovers Leap
Lovers Leap
Lovers Leap
Mahagastotte
High Forest
Luckyland Special
Liddesdale
High Forest
Gordon
Mooloya
Luckyland Special
Mooloya
Luckyland Special
Gordon
Blairlomond
FBOP/FBOP1
PF1
BP1
OF
BPS
Dessford
Queensberry
Alton
Inverness
Holyrood
Somerset
Inverness
Inverness
St Andrews
Inverness
*
*
*
*
650.00
550.00
600.00
760.00
590.00
590.00
650.00
880.00
590.00
590.00
PF1
BP1
OF
BPS
580.00
580.00
580.00
530.00
530.00
720.00
650.00
640.00
640.00
450.00
460.00
450.00
450.00
590.00
590.00
530.00
530.00
435.00
510.00
510.00
Kalubowitiyana CTC
600.00
Suduwelipothahena CTC 500.00
Suduwelipothahena CTC 460.00
Indigahahena
325.00
Dunsinane CTC
Dunsinane CTC
Dunsinane
BOP
BOPSP
BOPF/BOPFSP
FBOP/FBOP1
PEKOE/PEKOE1
OP1
BOP1
OP/OPA
FF/FF1
BOP
BOPSP
BOPF/BOPFSP
FBOP/FBOP1
PEKOE/PEKOE1
OP1
BOP1
OP/OPA
FBOPF/FBOPF1
BOP
BOP.SP
BOPF/BOPFSP
FBOP/FBOP1
PEKOE/PEKOE1
OP1
BOP1
OP/OPA
FBOPF/FBOPF1
450.00
425.00
450.00
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*
*
*
*
++
*
*
*
*
*
*
Delta CTC
Strathdon
Madulkelle
450.00
440.00
Dotel Oya
Nayapane
Craighead
Craighead
Craighead
Cooroondoowatte
Kenilworth
Craighead
Telford
Craighead
720.00
640.00
550.00
960.00
600.00
600.00
690.00
720.00
525.00
700.00
410.00
Bandaraeliya
Poonagalla
Mahadowa
Spring Valley
Ampittiakande
Craig
Craig
Templehurst
Battawatte
Spring Valley
Poonagalla
440.00
580.00
445.00
640.00
560.00
560.00
520.00
530.00
590.00
570.00
570.00
Demodera ‘ S’
Halpewatte Uva
El Teb
Sarnia Plaiderie
Sarnia Plaiderie
Maratenne
Hillmark Uva
Tinioya
Demodera ‘S’
Adawatte
Wewesse
550.00
485.00
510.00
630.00
590.00
590.00
590.00
740.00
860.00
820.00
580.00
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DUST1
P.DUST
FNGS/FNGS1
PFNGS
BM
BOP1A
BP
*
*
*
*
*
*
*
*
BOP
BOPSP
BOPF
BOPFSP
OP1
BOP1
OP
*
OPA
PEKOE
PEKOE1
FBOP
FBOP1
FBOPF1
FBOPF
*
*
St Coombs
Hingalgoda CTC
Nawalakanda
Hingalgoda S.H.
Nawalakanda
Wewelkandura
Halwitigala S.H.
Demodera S
Telbedde
Brombil
Mulatiyana Hills
Andaradeniya Super
Renukanda
Nawagamuwahena
New J S P
Sun Rise
Sithaka
Woodland Tea
Thundola Ella
Selna
Wijaya Group
Karagoda
Himara
Yalta
Nilgiri
Nehinigala Super
Liyonta
Galaboda Group
Matuwagala Super
Green Flower
Nawalakanda Super
Sithaka
Rotumba
Uruwala
Sherwood Super
670.00
545.00
460.00
540.00
490.00
490.00
510.00
490.00
490.00
FBOPF SP
FFEXSP
FFEXSP/SP1
635.00
630.00
630.00
620.00
600.00
625.00
810.00
760.00
660.00
660.00
630.00
630.00
630.00
630.00
630.00
630.00
630.00
630.00
630.00
700.00
700.00
720.00
740.00
700.00
860.00
860.00
* TEAS SOLD BY JOHN KEELLS PLC
+ ALL TIME RECORD PRICE
++ ALL TIME RECORD PRICE EQUALED
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*
Woodland Tea
Yalta
Magedara
3,000.00
4,050.00
2,650.00
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Uva High Growns
Western High Growns
CTC High Growns
Summary of High Growns
Uva Medium Growns
Western Medium Growns
CTC Medium Growns
Summary of Medium Growns
CTC Low Growns
Summary of Orthodox Low Growns
Summary of Low Growns
TOTAL SALE AVERAGE
Uva High Growns
Western High Growns
CTC High Growns
Summary of High Growns
Uva Medium Growns
Western Medium Growns
CTC Medium Growns
Summary of Medium Growns
CTC Low Growns
Summary of Orthodox Low Growns
Summary of Low Growns
TOTAL SALE AVERAGE
Sale of
11/02/14
In LKR
400.33
451.20
407.00
439.07
420.52
418.78
415.41
419.38
506.09
Sale of
19/02/14
In LKR
404.70
450.54
407.13
439.24
421.25
412.75
410.79
415.64
478.82
513.77
513.57
484.33
503.25
502.54
476.67
Sale of 11/02/14
In USC
306
345
311
336
317
316
313
316
389
388
387
365
Sale of 19/02/14
In USC
309
344
311
336
318
311
310
314
361
380
379
360
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Corres. 2013
In LKR
359.70
425.42
397.29
409.45
379.54
375.31
377.71
376.60
424.76
428.73
428.61
417.64
Corres. 2013
In USC
273
322
301
310
288
284
286
285
322
325
325
317
9
From 01 January todate
2014
In Rs.
419.91
454.95
425.13
446.37
Uva High Growns
Western High Growns
CTC High Growns
Summary of High Growns
Uva Medium Growns
Western Medium Growns
CTC Medium Growns
Summary of Medium Growns
CTC Low Growns
449.95
430.64
425.71
437.34
506.39
529.85
529.12
Summary of Orthodox Low Growns
Summary of Low Growns
TOTAL SALE AVERAGE
497.74
2013
In Rs.
377.32
443.30
418.26
426.83
376.93
380.70
2014
In USC
317
343
321
337
2013
In USC
286
336
317
324
428.25
339
325
321
330
382
400
399
286
289
296
288
336
324
325
420.82
376
319
390.81
379.48
442.83
427.73
MONTH – FROM 01ST TO 19TH FEBRUARY 2014
2014 In Rs.
Uva High Growns
Western High Growns
407.00
Summary of High Growns
441.83
Uva Medium Growns
423.70
Western Medium Growns
419.53
Summary of Medium Growns
420.94
Summary of Low Growns
512.04
TOTAL SALE AVERAGE
483.07
453.71
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10
CROP FIGURES OF MAJOR PRODUCING AND EXPORTING COUNTRIES (IN MILLON KG)
Country
Sri Lanka
North India
South India
Kenya
Bangladesh
Malawi
MONTH
December
December
December
December
January
January
2013
* 2014
30.2
39.2
19.8
41.72
2.5 *
8.2 *
2012
* 2013
28.0
39.2
21.1
41.40
2.8 *
4.5 *
CUMULATIVE
Up
Up
Up
Up
Up
Up
to
to
to
to
to
to
Dec.
Dec.
Dec.
Dec.
Jan.
Jan.
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2013
* 2014
340.2
957.5
242.7
432.45
2.5 *
8.2 *
2012
* 2013
328.4
887.0
239.3
369.56
2.8 *
4.5 *
CUMULATIVE
+ INC./DEC.
+ 11.8
+ 70.5
+
3.4
+ 62.89
0.3
+
3.7
11
WESTERN’S
Western sector experienced bright, cold and dry weather conditions at the commencement of the
week. However, scattered afternoon showers were experienced towards the end of the week.
NUWARA ELIYA’S
Nuwara Eliya’s experienced bright mornings; scattered showers were however witnessed towards
the end of the week.
UVA’S
Uva’s too experienced bright mornings with occasional scattered shower towards the end of the
week.
LOW GROWN’S
Ratnapura, Deniyaya and Galle too experienced occasional showers towards the end of the week.
CROPS
Crop intakes were moderate at the beginning of the week. A marginal increase in crops has been
reported from the Low Grown regions towards the end of the week.
ALL BROKERS PRIVATE SALE FIGURES
FOR THE PERIOD OF 17TH TO 22ND FEBRUARY 2014
WEEKLY
P/SALES
BMF
DIRECT SALES
TO-DATE
55,578.00
488,532.00
ALL BROKERS
PRIVATE SALE
FOR THE PERIOD OF 22ND TO 27TH OCTOBER 2012
233,498.00
2,165,732.00
5,226.00
317,181.80
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MOMBASA MARKET
SALE NO. 08 - SALE OF 24TH /25TH FEBRUARY 2014
Improved general demand for the 145,870 packages (9,339,518kilos) on offer at irregular rates with
12.34% neglected.
Brighter BP1s saw less enquiry easing by USC5 to 14 but a few well made invoices gained upto USC6
while mediums were generally USC2 to 8 easier but a few improved lines were firm; lower mediums
were irregular varying between firm to USC5 dearer to easier by similar levels. Plainer sorts were
about firm to USC8 below last prices.
Brighter PF1s were irregular and ranged between firm to USC6 dearer to easier by upto USC20 with
mediums appreciating by USC2 to 16. Lower medium PF1s varied between firm to USC10 dearer to
easier by upto USC3 while plainer sorts held firm to USC2 dearer.
Brighter PDUSTs saw an irregular enquiry ranging between firm to USC14 dearer to easier by upto
USC6 while mediums appreciated by USC2 to 14 to easier by upto USC6. Lower mediums opened
firm but closed upto USC16 above last prices with plainer descriptions firm to USC4 above last
rates.
Brighter DUST1s ranged between USC5 to 10 dearer to easier by upto USC18 while mediums were
firm to USC8 dearer to easier by upto USC4 with lower mediums irregular varying between USC6
dearer to easier by similar levels but plainer descriptions were firm to USC8 above last prices.
In the secondary catalogues BPs and PFs were heavily discounted. Clean well sorted coloury
Fannings and DUSTs were steady. Other Fannings lost value while DUSTs were steady. BMFs were
well absorbed but at irregularly lower levels.
Pakistan Packers lent very strong support with more activity from Egyptian Packers, Yemen, other
Middle Eastern countries and UK. Afghanistan showed less interest but Sudan was active. There
were more purchases from Bazaar while Kazakhstan(CIS) and Russia maintained interest. Iran was
operating. Somalia showed less activity.
QUOTATIONS
Best
Good
Good Medium
Medium
Lower Medium
Plain
AUCTION AVERAGE PRICE
AUCTION
KENYA
2013
6
$ 3.24
7
$ 3.13
8
$ 3.04
BROKENS
370 – 523
365 – 410
346 – 410
317 – 381
238 – 293
182 – 238
FANNINGS
317 - 397
315 - 333
312 - 331
278 - 309
218 - 271
190 - 248 ( SL RUPEES)
KENYA
2014
$ 2.31
$ 2.27
$ 2.32
TOTAL
2013
$ 3.04
$ 2.96
$ 2.86
TOTAL
2014
$ 2.20
$ 2.18
$ 2.24
SOURCE : AFRICA TEA BROKERS LTD.
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13
CHITTAGONG MARKET
SALE NO. 40 - SALE OF 25TH FEBRUARY 2014
CTC LEAF: 56,375 packages and 40 packages of old season teas on offer met with a more selective
demand with heavier withdrawals.
BROKENS/FANNINGS: A handful of clean liquoring varieties were well supported but at slightly
easier rates and the best could be quoted between Tk.185/- and Tk.195/-. Other varieties met
with very selective demand and where sold recorded a drop of Tk.10/- and more. There were very
heavy withdrawals in this category.
CTC DUST: 8,803 packages and 35 packages of old season teas on offer met with a fairly good
demand with prices closely following quality. Select few lines of good liquoring varieties on offer
met with keen competition and were dearer by Tk.10/- and more. Other varieties sold around last
levels easing by upto Tk.10/- whilst end of season varieties were again mostly withdrawn. Once
again Blenders and Loose tea buyers lent a fair support.
COMMENTS: End of season varieties comprised the bulk of the offerings and these met with a more
selective demand. Prices declined for all types. There were some enquiry from Pakistan buyers for
plain and poor varieties at low levels. Both Blenders and Loose tea buyers were less active this
week and as a result of this, withdrawals were heavier.
A small quantity of good liquoring Dusts were strongly competed for.
Quotations – This Week – (In Taka)
Brokens
Large
Medium
Small
Plain
This Week
140-150
140-160
145-170
60-80
Last Week
170-175
175-185
180-195
120-140
Fannings
Best
Good
Medium
Plain
This week
Last Week
185-195
165-180
140-185
60-80
190-200
175-185
150-160
60-80
Dust
PD
RD
D
CD
This week
Last Week
NQTA
130-228
125-228
120-260
NQTA
140-220
135-220
130-266
SOURCE : NATIONAL BROKERS LTD
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14
SILIGURI FINAL MARKET
SALE NO. 08 - SALE OF 21ST FEBRUARY 2014
SOURCE : PARCON INDIA PVT LTD.
GUWAHATI FINAL MARKET
SALE NO. 19 - SALE OF 19TH FEBRUARY 2014
SOURCE : PARCON INDIA PVT LTD.
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15
KOLKATA (ORTHODOX/CTC) FINAL MARKET
SALE NO.08 – SALE OF 21ST/ 22ND FEBRUARY 2014
2. TOTAL AUCTION WEIGHTED AVERAGE(IN RS)
ORTHODOX
SALE 08
114.10
2013/2014
SALE 07
120.66
+/-6.56
SALE 08
152.48
2012/2013
SALE 07
+/151.92
0.56
2013-14
200.75
UPTO SALE 08
2012-13
+/197.46
+3.29
SOURCE : PARCON INDIA PVT LTD.
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16
COCHIN MARKET
SALE NO. 09 - SALE OF 25TH/26TH FEBRUARY 2014
DUST (CTC) :- Fair Demand
Good liquoring and better mediums were firm to easier by Rs.5/ , while FD’s were sold Irregularly.
Medium and Plainer bolders were eased up to Rs.4/ , whilst others were sold Irregularly.
AVT and Civil Supplies fairly active on liquoring sorts. Tata Global and HUL lent useful support on
good and medium liquorings.
Bazar and Local Packers operated selectively. Exporters operated very selectively on liquoring and
blacker varieties. CST buyers lent useful support on bolders.
DUST (ORTH) :- Fair Demand.
Market firm to dearer by Rs.2/ and occasionally more.
Exporters and CST buyers operated on these teas.
LEAF (CTC) :- Fair Demand.
Good liquoring sorts were sold irregularly, whilst Medium and Plainers were firm to easier by Rs.3/
and more on Fngs.
Exporters operated on Medium and Plainer sorts. CST buyers selectively operated on all varities.
HUL on good liquoring sorts. Bazar operated mainly on brokens.
LEAF (ORTH) :- Fair Demand.
High Grown :- For Whole leafs, selected lines of wiry sorts were sold at dearer levels, while others
were sold around last with some withdrawals. Primary brokens were easier by Rs.5/ to 10/ , while
others were steady. Fngs were firm t dearer by Rs2/.
Medium Grown :- For Whole leafs, OP’s were dearer by Rs.2/ to 5/ and more, whilst others were
eased in value, with some with drawls. For Brokens, Primary sorts were tended lower, while others
were sold around last. Fngs steady.CIS buyers selectively operated on Cleaner varieties. Selected
continental orders on Nilgiri teas.
HUL very selective on whole leafs . Tunis fairly supported on secondary’s. CST buyers lent useful
support on wiry sorts.
SOURCE : GLOBAL TEA BROKERS
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17
JAKARTA MARKET
SALE NO 08 - 26TH FEBRUARY 2014
Fair demand with lower prices.
Java orth.
Brokens mainly withdrawn, droppiong 3-10c where sold
BOPF lost 2-3c. PF 2-3c down. Dust mainly withdrawn losing upto 9c where sold.
PFII 5-13c down where sold. Offgr. Dusts irr.firm. FII firm to 5c. down.
Sumatra orth.
Most teas withdrawn, prices dropped 6c where sold.
CTC
BP1 lost 2-9c. PF1 7c down to 17c up. PD firm to 11c down.
D1 2c up to 11c down.Fann lost 3-9c. D2 gained 1-6c.
SOURCE : ELINK SCHUURMAN CEYLON
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18
Life without tea is unthinkable for the billions of people who rely on their cherished cuppas to
get them through the day.
But tea crops the world over are facing multiple threats, from climate change and water shortages
to rural de-population and low wages.
So serious are these threats, that some of the world's biggest tea companies are joining forces to
combat them.
Unilever, which owns Lipton, Brook Bond and PG Tips, Twinings, Finlays, and Tata Global
Beverages, which owns Tetley, are laying to one side competitive instincts to protect the long-term
future of their business and ensure that tea remains as accessible and affordable as it is today.
"Unless we manage these issues, we're looking at a very different future for tea," says Sally Uren,
chief executive of Forum for the Future, which is co-ordinating the Tea 2030 initiative.
Greater competition
The threats to tea are many and varied.
The world's population is set to grow by a third by 2050, increasing demand for food by up to 70%,
according to the United Nations. And much of this population growth will be in rapidly-developing
countries such as China and India - precisely those that produce the most tea.
Sources: International Tea Committee, UK Tea Council, Somo, Forum for the Future
Extreme weather'
Climate change is another major threat to tea production.
Tea is a relatively delicate plant, sensitive to changes in temperature and rainfall, and is grown in
regions particularly vulnerable to extreme weather events.
For example, in the past 60 years rainfall has fallen significantly in Assam, the main tea-growing
region of India, while forecasts suggest Sri Lanka will experience more intense rain and higher
temperatures in the future.
Low wages mean the tea industry is struggling to attract pickers
In those areas where rain can no longer be relied upon, tea growers have had to turn to irrigation,
and with it the very real threat of water shortages.
"It is quite possible that more extreme weather could interrupt supply and make tea far more
difficult to grow," says Mr Writer. Tea production in some areas, particularly those at higher
altitudes, will no longer be possible.
The increasing popularity of tea in domestic markets also means there could be less available for
export, so any shortfall in supply will be exacerbated in those countries dependent on imports to
quench the massive demand for tea.
Source: United Nations Food and Agriculture Organization. Production figures for 2012.
www.johnkeellstea.com
19
AUCTION NO.
10
09
11TH/12TH March 2014
No. of Lots
No. of Kgs
Dates
Ex Estate
Main Sale Total
High & Medium
Low Growns
Leafy
Tippy
Premium/Flowery
Off Grades
Dust
Grand Total
Reprints
08
04TH/05TH March 2014
No. of Lots
No. of Kgs
25TH/26TH Feb. 2014
No. of Lots
No. of Kgs
930
1,068,256 kg
938
1,096,740 kg
980
1,162,360 kg
11,102
6,116,573 kg
10,994
6,052,979 kg
10,984
6,193,356 kg
1,361
704,161 kg
1,369
713,388 kg
1,048
555,948 kg
3,699
2,636
1,754,690 kg
3,729
2,567
1,755,301 kg
3,828
2,610
1,866,229 kg
1,620,675 kg
1,551,920 kg
539
176,513 kg
520
169,510 kg
677
224,032 kg
2,355
1,367,428 kg
2,241
1,292,850 kg
2,196
1,275,484 kg
512
493,106 kg
568
570,010 kg
625
634,471 kg
12,032
7,184,829 kg
11,932
7,149,719 kg
11,964
7,355,716 kg
728
443,806 kg
648
396,771 kg
864
515,069 kg
Scheduled to Close (Ex)
Dates
(Ms)
20.02.14
21.02.14
13.02.14
13.02.14
06.02.14
07.02.14
Scheduled Closing Dates
Auction No.09 : 04th/05th March 2014
Ex Estate
: 13.02.2014
Main Sale
: 13.02.2014
Auction No.11 : 18h/19h March 2014
Ex Estate
: 27.02.2014
Main Sale
: 28.02.2014
Auction No.10 : 11th/12th March 2014
Ex Estate
: 20.02.2014
Main Sale
: 21.02.2014
Auction No. 12 : 24th/26th March 2014
Ex Estate
: 06.03.2014
Main Sale
: 07.03.2014
ORDER OF SALE ( SALE NO:09 – 04TH/05TH MARCH 2014 )
MAIN SALE ORDER-1
MAIN SALE ORDER-2 (H&M/OFF/DUST)
Mercantile Produce Brokers (Pvt) Limited
Asia Siyaka Commodities (Pvt) Limited
Bartleet Produce Marketing
JOHN KEELLS PLC
Ceylon Tea Brokers PLC
Eastern Brokers Limited
Asia Siyaka Commodities (Pvt) Limited
Ceylon Tea Brokers PLC
Eastern Brokers Limited
Lanka Commodity Brokers Limited
JOHN KEELLS PLC
Bartleet Produce Marketing (Pvt) Limited
Lanka Commodity Brokers Limited
Forbes & Walker Limited
Forbes & Walker Limited
Mercantile Produce Brokers (Pvt) Limited
EX- ESTATE
Asia Siyaka Commodities (Pvt) Limited
Forbes & Walker Limited
Eastern Brokers Limited
Mercantile Produce Brokers (Pvt) Limited
Lanka Commodity Brokers Limited
JOHN KEELLS PLC
Bartleet Produce Marketing
Ceylon Tea Brokers PLC
SELLING TIMES OF OUR CATALOGUE
Ex-Estate
High & Medium
Leafy
Low Tippy/Premium
PROMPT DATES :
1,637,192 kg
11.35
08.37
04.16
04.16
am
am
pm
pm
Off Grades
BOP1A
Dust
Buyers – 11.03.2014
Sellers - 12.03.2014
www.johnkeellstea.com
12.15 pm
05.22 pm
02.00 pm
[ KD: ne ]
20
SRI LANKA TEA EXPORTS
QTY (KG)
DESCRIPTION
VALUE (RS)
APPROX.AV.UNIT FOB
VALUE PER KG.RS/CTS
JANUARY 2014
Instant Tea
149,840.00
170,854,746.00
1,140.25
3,194,197.00
1,919,604,713.00
600.97
436,384.00
623,045,655.00
1,427.75
Tea in Bags
8,899,724.00
6,743,182,093.00
757.68
Tea in Bulk
9,201,316.00
5,720,910,576.00
621.75
21,881,461.00
15,177,597,783.00
693.63
100,871.00
99,356,820.00
984.99
3,440,192.00
1,655,538,676.00
481.23
326,823.00
426,039,672.00
1,303.58
Tea in Bags
8,285,765.00
5,436,679,244.00
656.15
Tea in Bulk
9,918,041.00
5,198,429,223.00
524.14
22,071,692.00
12,816,043,635.00
580.66
Tea in Packets
Green Tea
Total
JANUARY 2013
Instant Tea
Tea in Packets
Green Tea
Total
MAJOR IMPORTERS OF SRI LANKA TEA
JANUARY 2014
COUNTRY
BULK
TEA
3,041,986
PACKETED
TEA
7,000
TEA
BAG
700,702
GREEN
TEA
95,905
2,749,150,659.00
TOTAL
2014
3,845,593
TOTAL
2013
3,913,920
287,761
452,790
1,851,881
1,645
1,614,839,362.00
2,594,077
1,742,943
1,229,950
980,966
170,112
249
1,790,603,380.00
2,381,277
3,065,671
413,480
345,160
397,058
56,265
803,396,941.00
1,211,963
1,205,242
IRAQ
17,820
69,650
1,091,590
2,048
617,397,283.00
1,181,108
1,460,324
SYRIA
35,100
559,980
393,888
144
624,657,602.00
989,112
1,359,839
JAPAN
747,274
42,872
99,920
369
645,499,475.00
890,435
569,075
KUWAIT
80,800
580,000
113,563
2,220
325,466,617.00
776,583
706,135
AZBIJAN
563,934
13,935
-
-
377,188,075.00
577,869
841,167
JORDAN
8,100
24,250
495,987
2,833
407,717,600.00
531,170
554,841
RUSSIA
TURKEY
IRAN
U.ARB.E
TEA OTHER
www.johnkeellstea.com
21
NOTICE
We congratulate award winners that were recognized at the
“Asia Pacific Entrepreneurship Awards 2014” held at the
Cinnamon Grand Hotel, Colombo.

Outstanding Entrepreneurship Awards
 Mr Lushantha De Silva
 Mr Saman Upasena
 Mr Thushan Upasena

- Empire Teas
- K.D.U. Group
- New Kendagastenne Tea Factory
Most Promising Entrepreneurship Awards
 Mr Pramuditha Chamara Abeyratne – 98 Acres Resort & Spa
----------------------------------------------------------------------------------------------Please note due to stock verification at Akbar Brothers Pvt Ltd warehouses on
03rd/04th March 2014, all ex-estate purchases should be delivered to their
warehouses latest by Friday, 28th February 2014.
HOLIDAY NOTICE
Our Office, Warehouse and Sample Room will be closed on the
16th of March 2014 on account of Medin Full Moon Poya Day.
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