Business Daily from THE HINDU group of publications Monday, Sep 10, 2007 ePaper |
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Agri-Biz & Commodities
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Tea Leaf tea spurts at Kochi sale
Our Bureau Kochi Sept. 9 CTC dust met good demand but at lower prices at the Kochi tea auction. Demand for loose tea was evident from AVT, Tata Tea and exporters to CIS countries. Export demand was also evident for medium and below medium grainy as well as finer types. High grown orthodox dust was steady while prices of medium varieties eased by Re 1. There was 12,50,000 kg of dust tea on offer at the auction. Best CTC varieties fetched Rs 65-72, medium CTC realised Rs 52-60 while below medium quoted Rs 29-38. High grown BOPD fetched Rs 85-100, medium BOPD was at Rs 34-45 and secondaries realised Rs 30-32. Leaf Sale
Good general demand propped up the price of whole leaf and flowery grades by Rs 5-10. Following good export enquiry, broken and fannings gained by Rs 2-5. Well made medium orthodox broken were fully firm, while other varieties remained steady. Fannings met with less demand and were lower by a rupee. Teas with poor leaf appearance were neglected. Good CTC broken and fannings were barely steady.
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