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Prevailing dry weather continues to affect tea arrivals at the Kochi tea auction. However, CTC dust witnessed good demand with 90 per cent on offer getting sold.
In sale no 8, the quantity on offer was 9,66,000 kg, which was low compared to last week. The teas which came under the selection of AVT were firm to dearer following quality. Others were irregular and lower. However, the bottom of the market moved up in value.
In the Orthodox grades, the quantity on offer was 11,500 kg. The market for the primary grades remained steady. Exporters and upcountry buyers shared the quantity sold.
In Cochin CTC dust quotation, good varieties quoted ₹90-154, mediums fetched ₹75-114, while plain grades stood at ₹65-78.
The leaf sale also registered a major drop in arrivals with Orthodox grades quoting 40,000 kg. With good demand, the market for Select Best Nilgiri Brokens, Whole Leaf was firm to dearer. Fannings appreciated in value and were absorbed by exporters and upcountry buyers.
In CTC leaf, the quantity on offer was low at 100,000 kg. The market for Bolder Brokens and Fannings was firm to dearer. Smaller Brokens were irregular and lower, witnessing some withdrawals.
In the dust grades, Injipara (Prm) SFD quoted the best price of ₹157, followed by Monica SFD at ₹152. In the leaf category, both Chamraj FOP and Chamraj OP fetched best prices of ₹351 each, followed by P’s Woodlands Hyson Green Tea at ₹325.
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