Business Daily from THE HINDU group of publications Saturday, Aug 11, 2007 ePaper |
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Agri-Biz & Commodities
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Tea Firm trend at Kochi tea auction
Our Bureau Kochi, Aug. 10 Good general demand sustained tea prices at last week’s levels at the Kochi tea auction. Popular and good dust tea remained steady. Medium CTC were irregular, while poorer varieties tended to be lower. Orthodox dust varieties were also steady. Major blenders were active on good liquoring CTC varieties, while bolder CTC witnessed some enquiry from exporters. Buyers for the domestic market were also fairly active. Best CTC dust was quoted at Rs 65-70, medium CTC ranged at Rs 54-63 and below medium was at Rs 36-42. High grown BOPD varieties fetched Rs 70-103, medium BOPD was at Rs 43-44 and secondaries ranged at Rs 33-36. Leaf Sale
There was 2,59,000 kg of leaf tea on offer at the auction. High grown orthodox whole leaf grades quoted higher, while high grown brokens remained steady to dearer. Smaller brokens and fannings were barely steady. Prices of other CTC varieties generally eased. Exporters were fairly active in orthodox grades. Best Nilgiri varieties fetched Rs 80-100, medium orthodox was at Rs 44-63 and plain orthodox quoted at Rs 38-40. Best CTC leaf fetched Rs 51-58, while medium CTC leaf was at Rs 45-48.
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