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Kochi tea market seems to be on the recovery mode after the fall of the last couple of weeks. The arrivals continued to be good with an estimated 11,35,000 kg coming for the dust auction, while 2,71,000 kg came for the leaf auction.
Good liquoring CTC dust prices were fully firm to dearer while medium and plain grades were steady following quality. AVT, Tata Global, Hindustan Unilever and Kerala Civil Supplies Corporation were active in the CTC dust market.
There was also good demand for high grown and medium orthodox dust grades and their prices remained firm to dearer.
Leaf Auction
There was good demand at the orthodox leaf auction and prices of whole leaf broken grades were steady with an upward bias following quality. Fannings were irregular. Medium bolder broken and whole leaf grades were firm to dearer.
Exporters to CIS countries were active along with Hindustan Unilever. Exporters to Tunisia confined themselves to medium grades. Good liquoring CTC leaf grades remained firm to dearer. Medium and plain grades were steady and sometimes moved up the value chain.
Top Prices
Pasuparai SFD fetched the top price at the dust auction at Rs 146 followed by Pasuparai FD at Rs 135, Chinnar SFD at Rs 123, Manjolai and Karimtharuvi SFD at Rs 114. At the leaf auction, Pascoe's green tea fetched the top price at Rs 291 followed by Chamraj OP at Rs 225, Chamraj FOP at Rs 217 and Havukal BOPF at Rs 204.
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