Despite improved arrivals, a declining trend continued at the Kochi auctions, with the cost of high-priced teas lower by ₹3-5. Besides witnessing some withdrawals, medium teas were also easier by ₹2-3 in sale no 48. Plainer teas were steady to firm, especially the grainier varieties.

Leading blenders were active on good liquoring varieties, while upcountry buyers lent fair support, said auctioneers Forbes, Ewart & Figgis.

The quantity on offer in CTC dust was 10,38,000 kg, up from last week’s level.

There was a subdued demand from Kerala Loose Tea traders, and exporters were confined to medium and plainer, grainier varieties.

However, in orthodox grades, the market was steady to firm and sometimes dearer. The quantity on offer was 17,000 kg. Exporters and upcountry buyers absorbed the bulk. In the Cochin CTC dust quotation, good varieties fetched ₹105-140, mediums quoted ₹98-114 and plain grades stood at ₹93-98.

In the leaf category, the market for Nilgiri brokens, whole leaf and Fannings in orthodox grades was firm to dearer following quality. The quantity on offer was 2,19,500 kg.

In CTC leaf, the quantity on offer was 56,500 kg. With good demand, the market for bolder brokens remained barely steady and tended to ease. Exporters and upcountry buyers continued to be the mainstay. In dust varieties, Kallyar SFD quoted the best price of ₹141, followed by Puduthottam SRD/Waterfall SFD at ₹140. Chamraj FOP-S (green tea) rose to the top in leaf grades quoting ₹340, followed by P’s Woodlands Hyson Green tea at ₹276.

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