The Hindu Business Line : Prices ease at Kochi tea auction

Kochi Oct. 19 Prices of most varieties of tea eased at the Kochi auction that had 11,21,000 kg on offer. Best CTC varieties were barely steady, while medium and lower grades eased by Re 1-Rs 2 as the trade progressed. Orthodox high grown and medium dust grades were steady. Blenders were active on good liquoring varieties while loose tea trade and exporters were selective.

Best CTC varieties quoted Rs 63-72, medium CTC was at Rs 48-55, while below medium ranged at Rs 30-35. High grown BOPD varieties fetched Rs 90-110, medium BOPD was at Rs 40-45, while secondaries quoted Rs 32-36.

Leaf Sale

High grown orthodox whole leaf grades were lower by Rs 3-5, while brokens eased by Re 1-Rs 2. High grown CTC were lower, while medium and plainer CTCs were barely steady to easier by Re 1. Exporters were the mainstay for orthodox leaf grades and they were selective on CTC varieties. There was 3,41,000 kg of leaf on offer.

Best Nilgiri leaf fetched Rs 83-94, medium orthodox quoted Rs 44-70, while plain orthodox was at Rs 40-42. Best CTC leaf fetched Rs 48-60 and medium CTC realised Rs 40-45.

Top Prices

Among the dust varieties, Kodanad BOPD fetched the top price at Rs 110, followed by Parkside BOPD at Rs 90, Pasuparai SFD at Rs 77, Pasuparai FD and Chinnar SFD at Rs 75.