Better liquoring varieties witnessed a price increase at the Kochi tea auction last week. However, the prices were irregular and lower for teas which showed a decline in their liquoring properties.

In sale no 39, the quantity on offer in the CTC dust varieties was 9,45,500 kg, which was more compared to last week. With better demand, the market was firm to dearer by ₹2 to ₹3 and sometimes more.

According to the auctioneers Forbes, Ewart & Figgis, better demand was noticed from upcountry buyers, while exporters confined themselves to medium and plainer varieties.

The quantity on offer in the dust varieties was also up at 19,000 kg against last week’s arrival. But the market was lower with many withdrawals. A small quantity of Orthodox dust sold was absorbed by exporters.

In the best Cochin CTC dusts, good varieties fetched ₹110-157, medium grades quoted ₹75-106 and plain stood at ₹60-71.

In the leaf category, the quantity on offer in Orthodox grades was 124,000 kg. With improved demand, the market for Nilgiri Brokens and Whole Leaf appreciated, with longer margins of ₹5 to ₹10 and sometimes more following quality. Others were irregular and sold around last levels.

Exporters to CIS countries were active along with traditional exporters. There was better demand from upcountry buyers on whole leaf.

In CTC leaf, the quantity on offer was 81,500 kg with good demand for better liquoring. However, the demand was less for other varieties. The market for better liquoring varieties was firm to dearer, while others were irregular and lower, witnessing some withdrawals. There was subdued demand from exporters.

In the dust category, Monica SFD quoted the best prices of ₹157, followed by Waterfall SFD and Suriannalle SFD at ₹145. In the leaf grades, Chamraj Green Tea (FOP) Sup fetched the best prices of ₹322, followed by Pascoes Woodlands Hyson Green Tea at ₹285.

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