Prices of some varieties of tea increased at Kochi tea auctions last week on good demand. At sale no 18, the quantity on offer in CTC dust grades was 10,05,500 kg.

Following better demand, the market opened on a strong note. The popular marks and good liquoring teas were dearer by ₹3-₹5 and sometimes more.

As the sale progressed, the market witnessed some resistance with prices being irregular and sometimes ruling easy. Medium and plainer varieties were irregular and lower especially grainier varieties, according to the auctioneers Forbes, Ewart & Figgis Ltd.

There was a subdued demand from exporters and they confined to medium and plainer teas.

With only 7,000 kg on offer in orthodox grades, primary grades were unsold due to low bids, while secondaries sold at around last levels. A small quantity of orthodox dust was absorbed by upcountry buyers and exporters.

In best CTC dusts, PD grades quoted ₹103-118, RD varieties fetched ₹111-127, SRD ruled at ₹124-156 and SFD stood at ₹131-157.

The leaf sale also witnessed a spurt in prices with 1,08,500 kg on offer in orthodox grades. The market for good liquoring Nilgiri smaller brokens and Fanngins was firm to dearer, while whole leaf and bolder brokens was irregular and sometimes easier. It also witnessed some withdrawals.

Medium bolder brokens, tippy grades was firm to dearer. Whole leaf witnessed strong feature and appreciated with longer margins of ₹5-10 and sometimes more.

The quantity on offer in CTC grades was 69,000 kg. The market for high-priced brokens witnessed a correction and prices declined. Smaller brokens and Fannings were firm to dearer following quality.

In the dust varieties, Injipara (prm) RD grades quoted the best prices of ₹162 followed by Waterfall SRD and Waterfall SFD at ₹158 each. In the leaf grades, Chamraj Green FOP (S) fetched the best prices of ₹296 followed by Pacoes Woodlands Hyson Green Tea at ₹286.

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