Quality Holds, Averages Ease | Tea markets closed ISO Week 21 with functional demand but a wider separation between quality teas and secondary descriptions. The market is not distressed, but it is more selective.
Colombo saw fair demand, though the total sales average eased from the previous week. North India remained active, especially for improved teas and dusts, but Sale 21 averages moved lower from Sales 20. Mombasa stayed orderly against the latest available official benchmark, while Indonesia showed the clearest demand tone, with Van Rees reporting good demand for the week. | In Colombo, prices averaged $3.62/kg this week, ↓ -$0.20/kg vs the previous sale average, Sale 19 / 20 May 2026. In North India, prices averaged $2.47/kg this week, ↓ -$0.13/kg vs reconstructed prior auction benchmark, Sale 20. In Mombasa, prices averaged $2.18/kg this week, → 0.00/kg vs last available official average, EATTA Sale 17 CTC. In Indonesia, prices averaged $2.41/kg this week, → 0.00/kg vs prior indicative benchmark. | The structural drivers remain familiar: buyers are covering needs, not building speculative positions; exporters are defending prices where quality allows; and cost pressures from freight, energy, and FX remain a swing factor, especially for lower-value teas. | Podlink signup: https://pod.link/1549975153
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