The Hindu Business Line : Kochi tea prices dip on higher arrivals

There was a surge in arrivals at the Kochi tea auction where prices continued to reign low. At the leaf auction, exporters were active in both the orthodox and CTC grades. Interstate buyers operated with less strength. Meanwhile, at the dust tea auction, exporters were less active. CTC dust witnessed a fair demand from blenders who were pursuing quality. Domestic buyers were also subdued participants at the market. There was 12,74,000 kg of dust tea on offer where good medium CTC prices eased. Popular CTC grades, especially the finer grades remained steady. Plain CTC and medium orthodox prices tended to ease. Best CTC grades fetched Rs 82-108, medium CTC was at Rs 70-80 and below medium quoted Rs 59-63. Medium BOPD was at Rs 53-54.

There was 4,74,000 kg of leaf tea on offer at the auction where high grown and medium orthodox grades quoted lower. There was less general demand for CTC grades. Prices of CTC broken grades and fannings eased. Best Nilgiri varieties quoted Rs 70-82, medium orthodox was at Rs 55-65 and plain orthodox was at Rs 50-53. Best CTC leaf fetched Rs 67-72 while medium CTC leaf quoted Rs 62-65.

Top Prices

In the dust segment, Pasuparai FD fetched the top price at Rs 117, followed by Pasuparai SFD at Rs 115, Chinnar SFD at Rs 112 and Monica SFD at Rs 110.

More Stories on : Tea

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Mumbai terrorist attack hits commodity trade; players keep off

Cyclone Nisha’s remnant proves a soaker

Acreage under most rabi crops on the rise

Rubber market unchanged

Lankan teas fetch highest price

Kochi tea prices dip on higher arrivals

Indonesia figures depress pepper market

Make farming profitable: Swaminathan

Platinum prices may decline to $700/oz