The average price of Bangladeshi teas fell 2.0 percent to 189.96 taka ($2.69) per kg at the weekly auction on Tuesday, brokers said. More than 1.61 million kg were sold at the sale, leaving 5.20 percent of the offer to be carried back. Bangladeshi buyers including exporters mainly to the Commonwealth of Independent States and Pakistan participated in the auction, held in the country's lone auction centre in the main port city Chittagong.
Different grades were sold between 170 taka and 226 taka per kg in the auction. But in an exclusive sale some 100 kg of well made Pekoe Fannings realised the highest price of 246 taka per kg, followed by another 750 kg Red Dust selling at 230 taka per kg. The next auction will be held on Tuesday, December 28, with some 2.0 million kg on offer.