Increased arrivals and a strong demand has spurted prices of several tea varieties at Kochi auctions this week.

With 91 per cent on offer getting sold in CTC dust varieties, the market was higher with longer margins of ₹5 to ₹10 and more following quality. The quantity on offer in sale no 42 was 11,05,000 kg. However, the increase in prices was less for plainer and browner teas.

The auctioneers Forbes, Ewart & Figgis said that exporters operated with better limits, but able to cover only small quantity compared to last week. Vendors were also active in the auction, but were selective.

In orthodox dust, the quantity on offer was 23,500 kg and the market for primary grades was firm to dearer. Secondaries were lower and witnessed heavy withdrawals.

In Cochin CTC dust quotation, good varieties fetched ₹96-156, mediums quoted ₹83-126 and plain grades stood at ₹60-75.

The leaf sales also witnessed a good demand and the quantity on offer in orthodox grades was170,500 kg. The market for Nilgiri brokens, whole leaf and Fannings was steady to firm and sometimes dearer following quality.

However, the demand was less in CTC leaf with the market for good liquoring brokens tended to ease. Fannings was firm to dearer and the quantity on offer was 89,500 kg.

In dust grades, Monica SFD quoted the best prices of ₹156 followed by Mayura SRD/SFD at ₹152. In leaf varieties, Chamraj FOP-Sup green tea fetched the best prices of ₹315 followed by Chamraj OP at ₹228. 

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