Market for Keemun Tea Opens with Highest Prices in'
London Since the War Shanghai, June 5.
HE London market for Keemun tea was opened on May 31 by the newly-formed China National Tea Corporation with the price at $300, representing the highest importing price in London for this quality since the war.
Since then, a small business. has been done at around $200—$300 for the best teas available. The cotton market showed no pronounced activity during the past week, prices ruling in a steady direction.
Demand for yarn has been fairly brisk during the past few days, mostly from Northern dealers for forward deliveries.
The paper market seems to be well supplied for some time to come.
Text read from the printed page and cleaned; old type leaves the occasional error.