Overall prices at the Kochi Tea Auction eased while a few grades appreciated in value. There was a small dip in arrivals with 11, 71,000 kg of dust and 3, 07,000 kg of leaf tea on offer. Good liquoring teas and other popular grades remained barely steady while medium and lower grades appreciated in value at the CTC dust auction. Tata Global, AVT and Kerala State Civil Supplies Corporation remained active on good liquoring grades. Loose tea traders lent fair amount of support. Hindustan Unilever remained selective at the CTC dust auction. Good export enquiry was noticed on medium and plain grades. Primary grades remained steady at the orthodox dust auction even as many other grades quoted lower resulting in many withdrawals. There was a fair amount of export interest at the orthodox dust auction.

Leaf Auction

Good, high, grown, bolder broken, whole leaf grades and fannings were fully firm to sometimes dearer at the orthodox leaf auction. Others were irregular and quoted lower and there was fair amount of withdrawals. Bolder broken grades were barely steady while smaller broken grades quoted substantially lower. Prices of medium fannings also quoted lower. Exporters to CIS countries and other destinations lent fair amount of support. Exporters to Tunisia were more active as prices eased. Hindustan Unilever did not operate at the orthodox leaf auction. Whole leaf grades witnessed fair amount of enquiry from upcountry buyers.

Although there was good demand at the CTC leaf auction, prices of several grades continued to gravitate lower. There was some support from exporters. Tata Global was selective in a market where HUL did not operate.

Top Prices

Pasuparai FD fetched the top price at the dust auction at Rs 138 followed by Injipara SFD and Pasuparai SFD at Rs 130 while Injipara SRD quoted Rs 129.

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