The Hindu Business Line : Prices firm at Coimbatore tea sale

Tea offerings slipped marginally from a level of 4.93 lakh kgs in the earlier week to 4.31 lakh kgs last week. Of the total offerings, 1.94 lakh kgs were of the leaf grade and the balance of the dust. There was good demand for the high grown larger orthodox leaf and well-made brokens. The CIS exporters and major blenders were active at dearer levels. The demand was fair for the orthodox dust. Exporters absorbed most of the teas. Few internal traders were also active. The prices ruled firm to dearer by Re 1-Rs 2. There was fair demand for the good liquoring CTC dust. Medium liquoring varieties opened steady and ruled firm to dearer. However, some Pakistan type bolder dusts declined by a rupee in value. Plainer varieties were quoting firm to dearer by Re 1-Rs 2, others irregular around the last. The orthodox high grown was picked in the Rs 66-85/kg price band, while the medium CTC teas between Rs 49-58/kg.

More Stories on : Tea

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
TNAU to sport commodity scroll board, farm kiosk

`Farmers need to be educated on credit decisions'

Hard to digest

Views vary on course of Arabian Sea storm

Cabinet nod for India-Indonesia MoU

IFFCO set to boost output by 1 million tonnes

Sheet rubber slips to Rs 80/kg

Lower volume on offer at Coonoor tea auctions

Prices firm at Coimbatore tea sale

Recouping exports

`Export of cottonseed extraction limited'

Fall in Malaysian palm oil rates impacts edible oil market

Pepper futures decline

Dipping margins

Govt advances bonus payout for paddy