The Hindu Business Line : Firm trend at Kochi tea auction

Kochi, Sept 19 Good general demand coupled with lower arrivals propped up prices at the Kochi dust tea auction. CTC varieties firmed up by Rs 10-20. Firm demand was witnessed from major blenders and loose tea traders. There was 8.84 lakh kg of dust tea on offer. Bolder CTC varieties moved up by Rs 10. Orthodox high grown varieties remained steady. Medium orthodox was dearer by Rs 2-4. Best CTC dust fetched Rs 98-124, medium CTC quoted Rs 90-105 while below medium was at Rs 77-88. High grown BOPD ranged at Rs 114-115, medium BOPD was at Rs 70-75 and secondaries quoted Rs 60-70.

Leaf Auction

There was 3.33 lakh kg of leaf tea on offer. Medium and high grown orthodox varieties generally quoted higher by Rs 5-15. CTC also quoted higher by Rs 5-10. Best Nilgiri varieties ranged at 105-140, medium orthodox fetched Rs 90-112 and plain orthodox was at Rs 80-90. Best CTC leaf fetched Rs 82-90 and medium CTC leaf quoted Rs 77-80.

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