Nuwara Eliya Teas

MARKET REPORT : SALE17TH/18TH MARCH 2009

Western Teas

Select Best BOPs were substantially lower following less air mail bids. Other good BOPs were irregular following quality. Below Best sorts shed Rs.10/- to Rs.15/-, plainer varieties were firm to irregular. Select Best BOPFs declined Rs.10/-. Other good invoices were firm to easier. Below Best sorts advanced Rs.10/- to Rs.20/-, plainer varieties advanced Rs.10/-. Medium BOPs were firm. BOPFs advanced Rs.10/- to Rs.15/-

Nuwara Eliya Teas

Brighter invoices on offer were firm, others were marginally dearer. Bright BOPFs maintained, whilst others declined Rs.15/- to Rs.20/- on average.

Uva Teas

Coloury BOPs were firm, others were irregular. Coloury BOPFs gained Rs.15/- to Rs.20/-, others were firm to marginally dearer.

CTC Teas

Low Grown PF1s advanced sharply by Rs.20/- to Rs.30/-, whilst High & Medium types too gained Rs.10/- to Rs.15/- on average. All BP1s shed Rs.10/- to Rs.20/- on average.

Low Growns

Lower demand. Select Best along with the Best OP1s eased Rs.30/- to Rs.50/-, whilst the Below Best and poor types too were lower by Rs.20/- to Rs.30/-. Select Best and Best BOP1s were irregularly dearer by Rs.5/- to Rs.10/-, however the Below Best and poorer sorts shed Rs.15/- to Rs.20/- and more at times. Select Best OP/OPAs declined Rs.10/- to Rs.15/-, the balance declined sharply by Rs. 30/- to Rs.50/-. Shotty Pekoe1s maintained last levels, the Best types advanced sharply by Rs.30/- to Rs.50/- and more at times, the Below Best and poorer sorts appreciated Rs.10/- to Rs.15/-. Best bold Pekoe varieties too gained in value and were dearer by Rs.30/- to Rs.50/-, however the Below Best and poor types tended low by Rs.15/- to Rs.20/-.Select Best and Best BOP/BOP.SP met with improved demand and prices advanced Rs.20/- to Rs.30/-, Below Best types were irregular, poorer varieties shed Rs.5/- to Rs.10/-. Select Best and Best FBOPs declined Rs.30/- to Rs.40/-, however the price levels are still quite attractive, the Below Best and poorer types shed Rs.10/- to Rs.20/- and more as the sale progressed. There was improved demand for the well made FBOPF1s and prices advanced Rs.30/- to Rs.40/-, the Best types also gained Rs.20/- to Rs.30/-, Below Best types were firm, poorer types tended irregular. Select Best and Best Tippy varieties declined on last levels, Below Best and poorest too shed Rs.10/- to Rs.20/-.

Off Grades

Select Best liquoring Fngs1s declined Rs.10/- to Rs.15/-, whilst the Best and the Below Best types shed Rs.15/- to Rs.20/- and more at times, poorer sorts too met with lower demand. BPs declined by Rs.10/- to Rs.15/- on average. Select Best BMs shed Rs.15/- to Rs.20/-, whilst the Best and the Below Best types declined Rs.40/- to Rs.50/- and more at times. All Low Grown Fngs declined sharply by Rs.40/- to Rs.50/- on average. Select Best and Best BOP1As declined Rs.30/- to Rs.50/-, whilst Below Best and poorer sorts easier by Rs.20/- to Rs.30/-.

Dust

Select Best Dust1s declined Rs.15/- to Rs.20/-. Improved teas in the Best and Below Best category gained Rs.5/- to Rs.10/-, whilst the balance and the poorer sorts were firm. All secondaries declined Rs.4/- to Rs.8/-. Best Low Grown Dust/Dust1s appreciated Rs.5/- to Rs.10/-, whilst the balance too gained to a lesser extent.

Parity Rates – SL Rupee spot middle rate – USD : 115.05 GBP :162.73

Approximate price range in Rupees per kg

BOP / BOPF
Good Westerns / 325 – 380 / 350 - 380
Average Westerns / 270 – 300 / 320 - 340
Plainer Westerns / 240 – 255 / 300 - 315
Western Mediums / 260 – 435 / 315 - 345
Uva Teas / 235 – 305 / 300 - 350
Nuwara Eliya Teas / 275 – 375 / 330 - 365
Udapussellawa Teas / 255 – 300 / 310 - 325
CTC (BP1 and PF1) / 290 – 325 / 290 - 405
Select Best / Best / Below Best / Others

LIQUORING

DUST-1 / 345.00-360.00 / 315.00-340.00 / 280.00-300.00 / 240.00-260.00
OFF GRADES -
FGS1 / 260.00-275.00 / 220.00-260.00 / 170.00-220.00 / 130.00-170.00
FGS / 190.00-200.00 / 170.00-190.00 / 140.00-170.00 / 130.00-140.00

LOW GROWNS

FBOP / 500.00-540.00 / 425.00-475.00 / 350.00-400.00 / 275.00-325.00
BOP1 / 420.00-475.00 / 380.00-400.00 / 270.00-320.00 / 240.00-260.00
BOP / 500.00-550.00 / 425.00-475.00 / 325.00-400.00 / 250.00-300.00
BOP.SP / 480.00-550.00 / 400.00-440.00 / 350.00-380.00 / 250.00-300.00

BOPF

/ 310.00-325.00 / 275.00-300.00 / 240.00-260.00 / 200.00-225.00

FBOPF/FF.SP/

EX SP.

/ 700.00-1200.00 / 450.00-650.00 / 325.00-400.00 / 225.00-300.00

FBOPF1

/ 500.00-550.00 / 425.00-475.00 / 375.00-410.00 / 275.00-330.00
OP1 / 410.00-470.00 / 340.00-380.00 / 260.00-290.00 / 240.00-250.00
OP / 400.00-455.00 / 330.00-370.00 / 260.00-280.00 / 240.00-250.00

OPA

/ 400.00-465.00 / 320.00-370.00 / 260.00-280.00 / 240.00-250.00

PEKOE

/ 580.00-650.00 / 520.00-550.00 / 360.00-400.00 / 250.00-280.00

PEKOE1

/ 550.00-680.00 / 510.00-540.00 / 370.00-430.00 / 260.00-280.00

DUST/DUST1

/ 285 / 210.00-220.00 / 180.00-200.00 / 160.00-170.00

Approximate price range in Rupees per kg

TOP PRICES – SALE 17TH/18TH MARCH 2009

WESTERN HIGH GROWN TEAS

BOP + Somerset 770.00

BOP.SP Glentilt 325.00

BOPF Laxapana 380.00

Brunswick 380.00

FBOP/FBOP1 * St Andrews 570.00

PEKOE/PEKOE1 Diyaella 600.00

OP1 * Weddamulla 340.00

BOP1 + * St Andrews 580.00

HIGH GROWN TEAS

DUST1 Stonycliff 360.00

FNGS1 Clydesdale 275.00

UVA HIGH GROWN TEAS

BOP Uva Highlands 280.00

BOP.SP * Glenanore 300.00

BOPF Bandaraeliya 325.00

FBOP/FBOP1 Uvakellie 540.00

PEKOE /PEKOE1 Oodoowerra 540.00

UVA MEDIUM TEAS

NUWARA ELIYA TEAS

BOP Mahagastotte 375.00

BOPF * Lovers Leap 365.00

FBOP/FBOP1 * Kenmare 410.00

PEKOE/PEKOE1 Mahagastotte 495.00

UDAPUSSELLAWA TEAS

BOP High Forest 300.00

BOPF Liddesdale 325.00

Delmar 325.00

FBOP1 Gordon 490.00

PEKOE/PEKOE1 Gordon 570.00

OP1 -

BOP1 -

LOW GROWN CTC TEAS

PF1 Kalubowitiyana 405.00

BP1 Kalubowitiyana 350.00

P.FNGS Kalubowitiyana 325.00

P.DUST * Cee Tee Hills 320.00

HIGH GROWN CTC TEAS

PF1 Florence 340.00

BP1 Florence 290.00

MEDIUM GROWN CTC TEAS

PF1 * Delta 340.00

BP1 Kalebokka 232.00

P.DUST * Delta 320.00

WESTERN MEDIUM TEAS

BOP Ancoombra 360.00 BOP.SP Hatale 465.00

BOPF Craighead 390.00

FBOP/FBOP1 + Doombagastalawa 560.00

+ Windsoforest 560.00

PEKOE/PEKOE1 + Cooroondoowatte 610.00

OP * Loolecondera 325.00

OP1 Craighead 475.00

BOP1 Imboolpitia 500.00

FF/FF1 Rilagala 510.00

Doombagastalawa 510.00

Note: Uva High + * Uvakellie –FF1 – 590.00

Erratum: Sale of 09th/11th March 2009

Low Grown – ++ *Wewelkandura –Pekoe1–680.00

++ Pothotuwa – Pekoe1- 680.00

++ Moraketiya Super – Pekoe1- 680.00

Sale of 09.03.09

Uva Medium + * Meddakanda – FF1 - 520.00

* TEAS SOLD BY JOHN KEELLS PLC

+ ALL TIME RECORD PRICE

++ ALL TIME RECORD PRICE EQUALED

BOP Dickwella 560.00

BOP.SP Dickwella 430.00

BOPF * El Teb 350.00

FBOP/FBOP1 * Glen Alpin 590.00

PEKOE/ PEKOE1 Meddakande 620.00

OP * Adawatte 440.00

OP1 * Glen Alpin 460.00

BOP1 * Adawatte 490.00

FBOPF/FBOPF1 + * Halpewatte uva 530.00

+ Meddakanda 530.00

LOW GROWN TEAS

BOP Streamline 590.00

Haughton 590.00

* Dellawa 580.00

BOP.SP ++ * Suduwelipothahena 590.00

Super

BOPF Kehelwala 350.00

* Mulatiyana Hills 315.00

BOPF.SP Spring View 430.00

OP1 * Kundupakanda 470.00

* Hiniduma S.H. 470.00

Rasa 470.00

OP Andaradeniya Super 455.00

BOP1 * Kurupanawa S.H. 485.00

Ceciliyan 485.00

Karagoda 485.00

OPA Sihara 465.00

PEKOE + Kodagoda 690.00

PEKOE1 ++ Andaradeniya Súper 680.00

++ Nilgiri 680.00

++ New Batuwangala 680.00

++ Nivithigala 680.00

* Nawalakanda 675.00

FBOP New Panilkanda 700.00

FBOP1 Sierra 640.00

FBOPF1 Andaradeniya Super 570.00

Nilgiri 570.00

FBOPF Kodhagoda 950.00 FBOPF.SP Bogoda Group 1,190.00

FBOPF.EX.SP Ettembagahawila 1,200.00

BOP1A Co-op Lanka 375.00

SUPPLEMENTARY

FBOPF * Nawalakanda 850.00

FBOPF1 Spring View 550.00

FBOP Sanrose 485.00

FBOP1 Swiska 850.00

FBOPF. SP * Dellawa 1,800.00

* Ivy Hills 1,650.00

FBOPF EX.SP Uruwala 3,010.00

* Naungala 2,600.00

1

Colombo Auction Averages

Sale of
04/03/09
In LKR / Saleof
11/03/09
In LKR / Corres. 2008
In LKR
Uva High Growns / 240.48 / 254.50 / 299.80
Western High Growns / 271.79 / 289.52 / 316.55
CTC High Growns / 260.67 / 273.58 / 309.80
Summary of High Growns / 263.75 / 280.77 / 312.20
Uva Medium Growns / 291.37 / 303.74 / 316.92
Western Medium Growns / 280.85 / 290.88 / 300.93
CTC Medium Growns / 240.84 / 251.94 / 308.27
Summary of Medium Growns / 284.82 / 295.92 / 306.76
CTC Low Growns / 306.71 / 334.16 / 385.72
Summary of Orthodox Low Growns / 364.03 / 382.28 / 344.05
Summary of Low Growns / 362.43 / 380.86 / 345.19
TOTAL SALE AVERAGE / 325.47 / 339.75 / 332.66
Sale of 04/03/09
In USC / Sale of 11/03/09
In USC / Corres. 2008
In USC
Uva High Growns / 209 / 221 / 279
Western High Growns / 236 / 251 / 295
CTC High Growns / 226 / 237 / 289
Summary of High Growns / 229 / 243 / 292
Uva Medium Growns / 253 / 263 / 295
Western Medium Growns / 243 / 252 / 280
CTC Medium Growns / 209 / 218 / 287
Summary of Medium Growns / 247 / 257 / 286
CTC Low Growns / 267 / 290 / 360
Summary of Orthodox Low Growns / 317 / 332 / 321
Summary of Low Growns / 315 / 330 / 322
TOTAL SALE AVERAGE / 283 / 295 / 310

From 01 January todate

2009
In Rs. / 2008
In Rs. / 2009
In USC / 2008
In USC
Uva High Growns / 227.24 / 296.42 / 198 / 277
Western High Growns / 274.00 / 322.88 / 240 / 301
CTC High Growns / 252.60 / 317.44 / 221 / 296
Summary of High Growns / 261.47 / 315.49 / 229 / 294
Uva Medium Growns / 257.66 / 302.10 / 225 / 282
Western Medium Growns / 254.76 / 294.14 / 222 / 275
CTC Medium Growns / 235.59 / 304.26 / 206 / 284
Summary of Medium Growns / 255.83 / 297.11 / 223 / 278
CTC Low Growns / 331.01 / 386.04 / 290 / 361
Summary of Orthodox Low Growns / 312.23 / 340.90 / 273 / 318
Summary of Low Growns / 312.71 / 342.01 / 273 / 320
TOTAL SALE AVERAGE / 292.43 / 329.69 / 256 / 307

Colombo Auction Averages contd.

MONTH TODATE – 01ST TO 11TH MARCH 2009

2009
In Rs.
Uva High Growns / 247.38
Western High Growns / 280.22
Summary of High Growns / 272.11
Uva Medium Growns / 297.52
Western Medium Growns / 284.69
Summary of Medium Growns / 289.38
Summary of Low Growns / 370.06
TOTAL SALE AVERAGE / 329.92

CROP FIGURES OF MAJOR PRODUCING AND EXPORTING COUNTRIES (IN MILLION KG)

COUNTRY / MONTH / 2009 / 2008 / CUMULATIVE / 2009 / 2008 / CUMULATIVE
+ INC./- DEC.
Sri Lanka
North India
South India
Kenya
Bangladesh
Malawi / January
January
January
January
January
January / 17.6
10.1
11.4
25.48
0.34
7.10 / 26.2
8.1
13.5
29.74
0.40
7.28 / Up to Jan.
Up to Jan.
Up to Jan.
Up to Jan.
Up to Jan.
Up to Jan. / 17.6
10.1
11.4
25.48
0.34
7.1 / 26.2
8.1
13.5
29.74
0.40
7.2 / - 8.6
+ 2.0
- 2.1
- 4.26
- 0.06
- 0.18

Crop & Weather

For The Period 09th to 15thMarch 2009

WESTERNS

Evening showers were experienced in most parts of the Western sector. Watawala, Agrapatana and Bogawantalawa planting districts experienced bright sunny mornings followed by useful evening showers throughout the week, whilst most planting districts experienced heavy showers; others have recorded light to moderate rains.

NUWARA ELIYA

Nuwara Eliya and Kandapola planting districts experienced bright sunny mornings with evening showers throughout last week.

UVA

Uva’s too followed a similar trend, with sporadic evening showers during the week.

LOW GROWNS

Ratnapura district continued with evening showers, whilst Galle and Deniyaya experienced

inconsistent showers towards the end of the week.

CROPS

Crops from all elevation continued to be on low, although this trend could reverse towards the end of the month.

AUCTION NO.

/ 13 / 12 / 11

Dates

/ 31st March/01st April 2009 / 24th/25th March 2009 / 17th/18th March 2009

Ex Estate

/ 557 / 561,786 kg / 678 / 701,822 kg / 741 / 774,272 kg

Main Sale Total

/ 6,327 / 3,475,118 kg / 6,320 / 3,457,875 kg / 6,612 / 3,729,006 kg
High & Medium / 768 / 392,431 kg / 753 / 381,926 kg / 739 / 381,082 kg

Leafy

Low Growns

Tippy

/ 2,101
1,356 /

936,521 kg

851,201 kg

/ 2,099
1,278 /

941,618 kg

748,725 kg

/ 2,250
1,361 /

1,011,488 kg

800,196 kg

Off Grades

/

1,402

/ 879,758 kg /

1,454

/ 920,088 kg /

1,441

/ 942,228 kg

Dust

/ 357 / 352,128 kg / 423 / 408,920 kg / 535 / 542,335 kg

Supplementary

/ 343 / 63,079 kg / 313 / 56,598 kg / 286 / 51,677 kg
Grand Total / 6,884 / 4,036,904 kg / 6,998 / 4,159,697 kg / 7,353 / 4,503,278 kg
Reprints / 582 / 365,532 kg / 491 / 338,788 kg / 1,081 / 756,376 kg
Scheduled to Close (Ex)
Dates (Ms) / 12.03.09
13.03.09 / 05.03.09
06.03.09 / 26.02.09
27.02.09

Scheduled Closing Dates

1

Auction No: 12 : 24th /25th March 2009

Ex Estate:05.03.09

Main Sale:06.03.09

Auction No: 13 : 31st March/1st April 2009

Ex Estate:12.03.09

Main Sale:13.03.09

Auction No: 14 : 6th/ 7th April 2009

Ex Estate:19.03.09

Main Sale:20.03.09

Auction No: 15 : 21st/22nd April 2009

Ex Estate:26.03.09

Main Sale:27.03.09

1

ORDER OF SALE (SALE NO: 12 - 24TH/25H MARCH 2009)

MAIN SALEEX-ESTATE

Ceylon Tea Brokers (Pvt) LimitedJOHN KEELLS PLC

Forbes & Walker LimitedMercantile Produce Brokers (Pvt) Limited

Eastern Brokers Limited Asia Siyaka Commodities (Pvt) Limited

Mercantile Produce Brokers (Pvt) LimitedCeylon Tea Brokers (Pvt) Limited

JOHN KEELLS PLCBartleet Produce Marketing (Pvt) Limited

Somerville & Company Limited Forbes & Walker Limited

Asia Siyaka Commodities (Pvt) LimitedSomerville & Company Limited

Bartleet Produce Marketing (Pvt) LimitedLanka Commodity Brokers Limited

Lanka Commodity Brokers LimitedEastern Brokers Limited

SELLING TIMES OF OUR CATALOGUES

1

Ex-Estate 08.00 am

High & Medium08.58 am

Low Leafy 11.10 am

Low Tippy09.49 am

Off Grades 09.22 am

BOP1A 11.53 am

Dust 10.42 am

Supplementary 11.08 am

1

PROMPT DATES : Buyers – 31.03.09 - Sellers- 01.04.09 [SK – ne]

MOMBASA

SALE NO.11 – 16TH/17TH MARCH 2009

There was improved general demand for the 102,930 packages (6.52 million kilos) at irregular rates with less teas remaining unsold (14.40%).

Brighter BP1s saw improved enquiry at firm to USC12 dearer while mediums were irregular ranging between firm to USC16 dearer to easier by a similar margin; lower mediums were irregular and ranged between steady levels to USC30 and more dearer to easier by upto USC70. Plainer descriptions were fully firm to USC12 dearer for improved lines but others lost upto USC20.

Brighter PF1s were well absorbed at irregular levels varying between USC4 to 8 dearer to easier by a similar margin with mediums fully firm to USC5 above last prices; lower mediums saw better absorption gaining USC2 to 19. Plainer types were irregular ranging between USC12 to 18 dearer for improved coloury sorts to easier by upto USC15.

Brighter PDUSTs met an irregular interest and varied between USC10 to 14 easier to dearer by upto USC2 to 4 for a few improved lines with mediums irregular and ranged between firm to USC36 easier to dearer by upto USC10; lower medium PDUSTs saw improved enquiry at firm to USC6 dearer. Plainer sorts gained USC3 to 35.

Brighter DUST1s saw improved competition appreciating by USC6 to 12 but a few lines eased while mediums were irregular and ranged between USC4 to 6 higher to lower by upto USC18; lower mediums were well competed for at USC2 to 10 above last prices. Plainer teas were fully firm to 18 dearer.

In the secondary catalogues BPs were firm to dearer while PFs gained especially coloury sorts. Clean well sorted coloury Fannings appreciated with similar Dusts irregularly firm to dearer. Other Fannings were irregularly firm while Dusts held value. BMFs were also irregularly steady.

Sudan lent strong support with more interest from Egyptian Packers and Kazakhstan(CIS) while Afghanistan showed improved enquiry. Pakistan Packers maintained interest while the Bazaar was operating. Yemen and other Middle Eastern countries showed interest at lower levels but there was less activity from the UK. Russia and the Egyptian Government Sector were subdued. Somalia was active.

QUOTATIONS BROKENSFANNINGS
Best 350 – 399 285 - 312
Good 339 – 357 283 - 293
Good Medium 299 – 353 276 - 281
Medium 255 – 347 258 - 276
Lower Medium 140 – 261 177 - 234
Plain 103 – 227 121 - 243 (SL RUPEES)

COCHIN

SALE NO.11 – 18TH MARCH 2009

QUANTITY 2009 2008

ORX: 75,298.0 Kgs. 156,493.0 Kgs.

CTC 87,948.0 Kgs. 55,088.0 Kgs.

ORTHODOX LEAF

DEMAND :Good.

MARKET :Highgrown whole leaf tending easier. Brokens firm to dearer following quality. Fannings were a strong feature and realised some attractive prices. Nominal weight of HighRange and medium brokens sold around last levels. Medium fannings were dearer.

BUYING PATTERN :CIS continued to be active. M/s. Hindustan Unilever Limited was selective and operated on the good liquoring whole leaf and fannings. Nilgiri fannings witnessed strong enquiry from exporters.

C.T.C. LEAF

DEMAND :Fair.

MARKET :Brokens were lower by Re.1/- to Rs.2/- and sometimes more while fannings sold at last levels.

BUYING PATTERN :Bolder brokens were absorbed by the internal buyers while smaller brokens and fannings were absorbed by the exporters.

QUOTATIONS / 2009 / 2009 / 2008 / 2007
Sale-11 / Sale-10 / Sale-11 / Sale-11
Good Nilgiri Brokens / 100.00/130.00 / 98.00/140.00 / 75.00/100.00* / 85.00/125.00
Lesser Nilgiri Brokens / 85.00/94.00 / 90.00/96.00 / 65.00/75.00 / 70.00/80.00
Best Nilgiri Fannings / 150.00/162.00 / 130.00/140.00 / 85.00/115.00* / 95.00/135.00*
Good Nilgiri Fannings / N.Q. / N.Q. / N.Q. / 72.00/86.00
Good Orthodox Brokens / N.Q. / N.Q. / 66.00/91.00 / 70.00/88.00
Medium Orthodox Brokens / N.Q. / N.Q. / 55.00/70.00 / 48.00/55.00
Secondary Orthodox Brokens / 83.00/90.00 / 85.00/90.00 / 44.00/50.00* / 42.00/47.00*
Medium Orthodox Fannings / 80.00/87.00 / 78.00/80.00 / 50.00/60.00 / 46.00/47.00*
Good CTC Brokens / 80.00/90.00 / 80.00/88.00* / 60.00/65.00 / 50.00/55.00
Good CTC Fannings / 70.00/75.00 / 78.00/80.00 / 60.00/62.00 / 52.00/54.00
Medium CTC Brokens / 62.00/65.00 / 65.00/68.00 / 55.00/60.00 / 47.00/52.00
Medium CTC Fannings / 68.00/70.00 / 68.00/72.00 / 58.00/60.00 / 48.00/51.00
Plain CTC Brokens / 60.00/62.00 / 60.00/62.00 / 50.00/54.00 / -
Plain CTC Fannings / 63.00/66.00 / N.Q. / 54.00/56.00 / -

* Nominal

CHITTAGONG

SALE NO.45 – 17TH MARCH 2009

CTC LEAF: 5,291packages, 10 packages of new season and 15 packages of old season on offer met with a stronger demand at dearer rates.

BROKENS/FANNINGS: The bulk of the teas comprised of end of season varieties and these met with a strong demand and sold at dearer rates particularly the few clean teas available which realised attractive prices ranging from Tk.130/- to Tk.145/-.

CTC DUST: 1,818 packages on offer met with a good demand but mostly at dearer rates. End of season poor liquoring varieties were slightly easier. Internal market lent good support.

COMMENTS: This was the Final sale of the season which ended on a strong note with all teas selling at satisfactory rates. The main operators were the Loose tea buyers but there was strong interest from the Blenders for the clean varieties. There was no Export enquiry.

Dusts sold well at mostly dearer rates.

This was a good season for Bangladesh tea in terms of auction price realisation and it is gratifying to note that virtually all teas offered in the auctions have been sold with hardly any carry over for the next season.

We would like to take this opportunity to thank all our esteemed clients for their support in making Chittagong Auctions such a vibrant centre

Quotations – This Week – (In Taka)

Brokens / This Week / Last Week / Fannings / This week / Last Week / Dust / This week / Last Week
Large / NQTA / 115-125 / Best / 135-145nom / 138-142nom / PD / 90-92 / 100
Medium / 110-125nom / 110-128 / Good / 130-134nom / 129-134nom / RD / 60-124 / 65-125
Small / 120-140 / 125-135 / Medium / 118-124 / 118-124 / D / 60-129 / 70-135
Plain / 65-100 / 70-100 / Plain / 90-115 / 90-110 / CD / 60-124 / 80-170

LIMBE

SALE NO. 30 – 17TH MARCH 2009

There was good but selective demand at fully firm rates following quality for 10900 Packages on offer.

BP.1 met very selective market at easier rates.

PF.1 well made invoices were firm on last very closely following quality below best met an easier market and were taken out with low bids.

PF were generally firm on last

PF.1SC - Best were down by 6 cents others firm to 5 cents dearer sometimes more.

PD were generally firm to 3 cents easier sometimes more.

D.1 met a good market at firm to 4 cents dearer.

All secondaries were generally firm on last.

WEATHER / CROP

Partly cloudy warm to hot during the day with some rain in most areas.

Crop intakes going down

NOTICE

Tea Tang Warehouse at No. 235/4, Old Awissawella Road, Orugodawatte will be closed from the 26th to the 28th of March 2009.

Deliveries will not be accepted during this period.

STOCK VERIFICATION AT BOGAWANTALAWA TEA ESTATES LIMITED

The annual stock verification of Bogawantalawa Plantations is scheduled for the 31st of March 2009at their warehouses,

1. 451 C, Hendala Road, Wattala
2. 264, Siri Dhamma Mawatha, Colombo 10

Accordingly there will be no deliveries on the 31st March 2009.

All teas of Cannavarella, Gonakelle, Kinellan, Hindagala and Kandahena of Namunukula Plantations PLC warehoused at No. 46, Aniakanda Road, Ragama have been re-located to No. 95, Ella Road, Muthurajawela.

ALL BROKERS PRIVATE SALES

FOR THE PERIOD OF 09TH TO 14TH MARCH 2009

WEEKLY / TO-DATE
P/SALES / 133,510.00 / 2,595,435.50
BMF / 90,000.00 / 1,004,964.00
DIRECT SALES / 17,521.52 / 201,082.45