The Hindu Business Line : Firm trend at Kochi tea auction

Kochi, Nov. 25 Good general demand propped-up prices at the dust tea auction. Popular CTC dust varieties ended fully firm to dearer by Rs 1-2. Good liquoring medium CTC varieties were also dearer by Rs 1-2.

Medium bolder grades were irregular, while the prices of poorer CTC grades eased. Orthodox dust varieties remained steady, while price of secondaries eased. Blenders as well as domestic market were active on good CTC varieties. Medium bolder CTC grades witnessed some export enquiry.

Best CTC varieties quoted Rs 65-75, medium CTC ranged between Rs 52-60 and below medium was at Rs 31-38. High grown BOPD fetched Rs 88-104, medium BOPD was at Rs 37-40 and secondaries ranged at Rs 27-32.

Leaf Sale

There was 3,73,000 kg of leaf tea on auction. Best high grown orthodox whole leaf grades were steady at last week’s levels. High grown broken and fannings were steady to irregular. Price of medium orthodox broken and fannings eased.

Medium whole leaf grades were firm to dearer. Price of CTC leaf went up Rs 1-2. High grown orthodox witnessed good enquiry from exporters, who were selective on medium orthodox grades. There was better demand from exporters for CTC varieties. Blenders and upcountry market players were also active in the market.

Best Nilgiri varieties quoted Rs 80-93, medium orthodox was at Rs 41-65 and plain orthodox fetched Rs 40-42. Best CTC leaf realiaed Rs 48-55 and medium CTC leaf was at Rs 43-47.

Top Prices

In the dust segment, Kodanad BOPD fetched the top price at Rs 106, followed by Pasuparai SFD at Rs 85, Pasuparai FD at Rs 82 and Parkside BOPD at Rs 80. Among the leaf varieties, Glendale TGFOP quoted the top price at Rs 129 followed by Craigmore TGFOP at Rs 123, Sutton GFOP at Rs 122 and Glendale FOP at Rs 117.