The Hindu Business Line : Tea prices rule steady at Kochi sales

Kochi, April 18 The Kochi tea auction remained subdued with no major vacillation in prices. There was a fair amount of arrivals in the dust tea category, while the quantity on offer at leaf tea auction was not significantly different. CTC dust was fully firm to dearer in the dust tea auction which had 10,54,000 kg on offer.

There was good demand from internal traders while major blenders and exporters operated on high-priced finer grades. . Best CTC varieties fetched Rs 64-76, medium CTC was at Rs 58-63 and below medium ranged at Rs 52-55. High grown BOPD fetched Rs 107, medium BOPD quoted Rs 48-50 and secondaries were at Rs 43-47.

Leaf Sale

High grown whole leaf grades sold around last week’s levels at the leaf tea auction which had 2,63,000 kg on offer. Broken varieties remained fully firm. Medium orthodox broken met with good demand and were dearer by Rs 1-2. Clean black CTCs were steady. Some exporters operated selectively at the leaf tea market. Best Nilgiri varieties fetched Rs 80-90, medium orthodox was at Rs 69-79 and plain orthodox quoted Rs 50-57. Best CTC leaf was at Rs 55-57 and medium CTC quoted Rs 46-53.

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