A good demand perked up prices of almost all varieties of tea at the Kochi Tea auction. In Cochin Sale No: 6, the quantity on offer in Dust CTC category was 10,70,500 kg.

The market was firm to dearer by a rupee to two and sometimes more following quality, according to auctioneers Forbes, Ewart and Figgis (P) Ltd.

In the Dust Orthodox grades, the quantity on offer was 10,500 kg. The market for primary varieties remained steady, while others tended to ease. Bulk of the offerings was absorbed by upcountry buyers.

In the best CTC dusts, PD varieties quoted prices between Rs 102/110, RD grades quoted Rs 104/140, SRD ruled at Rs 106/138 while SFD grades stood at Rs 107/139.

The leaf sale also witnessed a good demand and the quantity on offer in Orthodox grades was 197,500 kg. The market for selected best from all varieties of Nilgiri teas were fully firm to dearer. Some attractive prices recorded for improved Nilgiri invoices due to competition from straight line export.

Others were irregular and lower and witnessed some withdrawals. Medium Bolder Brokens remained steady, while tippy grades were irregular and lower. Secondary Brokens were fully firm to dearer.

The quantity on offer in the CTC grades was 71,500 kg and the market for all varieties was dearer by Rs 1 to Rs 3 and sometimes more. Exporters and upcountry buyers were active.

In the dust category, Injipara (Prm) SFD quoted the best prices of Rs 145 followed by Injipara (Prm) SRD at Rs 143. In the leaf varieties, Chamraj Green FOP (S) fetched best prices of Rs 401 followed by Pascoes Hyson Green tea at Rs 356.

sajeevkumar.v@thehindu.co.in

(This article was published on February 9, 2013)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.