Tea market report 16 - 20 October 2017
The general rule that large auctions attract more demand didn’t apply this week. With an improved 138k packages on offer the percentage of out lots increased to 13%. Some buyers slowed in the knowledge that they would not be able to ship all teas out prior to the election next Thursday. The situation around the election is insecure and tense.
“The moment you doubt whether you can fly, you cease for ever to be able to do it." - Peter Pan
To read the full report, please download the PDF file: