Tea prices gather steam at Kochi sale

Demand lifted prices of some varieties of tea at the Kochi auction.

In sale no 31, the quantity on offer in dust CTC grades was 8,76,500 kg.

The market for best CTC’s was fully firm to dearer.

Good liquoring medium steady to firm and sometimes dearer.

Others were irregular and lower and witnessed some withdrawals.

However, there was a subdued demand from upcountry buyers and less enquiry from exporters.

The quantity on offer in orthodox grades was low with only 3,500 kg .

The market was steady with operations from upcountry buyers and exporters, the auctioneers Forbes, Ewart & Figgis said.

In the best CTC dusts, PD grades quoted Rs 109/126, RD grades fetched Rs 118/148, SRD ruled at Rs 121/157 while SFD stood at Rs 126/170.

The leaf sale also witnessed a good demand for select varieties.

The quantity on offer in Orthodox grades was 112,500 kg.

The market for highgrown brokens, whole leaf and fannings was fully firm to dearer following quality.

Clean, black, well-made, medium bolder brokens, tippy grades and whole leaf was fully firm to dearer.

Others were irregular and sometimes easier. Corresponding fannings was dearer.

The quantity on offer in CTC leaf was 70,500 kg and the market for good liquoring teas was fully firm to dearer.

Others were irregular and lower. There was a subdued demand from upcountry buyers.

In the dust grades, Monica SFD fetched the best prices of Rs 171 followed by Mayura SFD and Waterfall SFD at Rs 169.

In the leaf varieties, Chamraj Green FOP (S) quoted the best prices of Rs 268 and Chamraj OP at Rs 261.

sajeevkumar.v@thehindu.co.in

COMMENT NOW