Business Daily from THE HINDU group of publications Saturday, Apr 28, 2007 ePaper |
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Agri-Biz & Commodities
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Tea Web Extras - Commodity Markets Steady trend at Kochi tea auction Our Bureau
Kochi April 27 Good general demand perked up the prices of several dust varieties at the Kochi tea auction. The market opened at last week's levels and medium CTC varieties eased during the course of auction. However, the market firmed up and value of several varieties improved towards the end. Best CTC varieties were quoted at Rs 66-77, medium CTC at Rs 57-63 and below medium ranged between Rs 48 and Rs 52. High-grown BOPD was quoted at Rs 75-116, while medium BOPD and secondaries were not quoted. Leaf Sale There was 3,68,000 kg of leaf tea on offer, which found fair general demand. High grown orthodox broken and fannings were lower by Rs two to five. Whole leaf grades remained steady, while medium orthodox broken and whole leaf grades remained firm to dearer. CTC varieties were barely steady. Medium orthodox witnessed demand from exporters to CIS countries while exporters to West Asia remained selective. CTC varieties witnessed better demand from exporters. Best Nilgiri varieties were quoted at Rs 75-85, medium orthodox was at Rs 55-80 and plain orthodox ranged between Rs 45 and Rs 52. Best CTC leaf varieties fetched Rs 52-57, while medium CTC ranged between Rs 45 and Rs 48. Kodanad BOPD fetched the top price in the dust segment at Rs 116.
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