Financial Daily from THE HINDU group of publications
Tuesday, Oct 07, 2003
Financial Daily from THE HINDU group of publications Tuesday, Oct 07, 2003 |
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Agri-Biz & Commodities
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Tea Mixed trend at Kochi tea sales Our Bureau
Kochi , Oct 6 A MIXED trend persisted for almost all varieties of tea at the Kochi tea auction. Though the leaf sale witnessed a good general demand, it was comparatively low for dust varieties. There was only a less general demand in the dust sale and the quantity on offer was 9,09,000 kg. The CTC market opened by Rs 2-3 lower, but the drop was more as the sale progressed. Orthodox tended to ease. The best CTC varieties commanded prices between Rs 46-69, medium CTC realised Rs 37-45 and poorer type were quoted Rs 26-32. High grown BOPD realised Rs 42-108. Secondaries were quoted at Rs 28-30. However, the leaf sale witnessed a good general demand and the quantity on offer was 2,25,000 kg. Orthodox medium brokens and good secondaries were fully firm to dearer. High grown Brokens and Fannings irregular. High-priced orthodox leaf grades were easier. CTC's fully firm to dearer by Rs 1-1.50. CIS shippers and other exporters were selective following quality on Orthodox grades. The best Nilgiri varieties commanded prices between Rs 47-60, medium Orthodox realised Rs 36-52. The best CTC leaf fetched prices between Rs 38-40, while medium CTC were quoted Rs 32-36.
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