Comments
Select grades firmed up at the Kochi Tea Auction which had 12, 12,500 kg of dust and 3, 52,500 kg of leaf tea on offer. Good liquoring tea grades remained firm to dearer at the CTC dust auction, especially the finer grades. Medium grades were irregular while the grainy types were steady to firm. AVT, Kerala State Civil Supplies Corporation and Tata Global continued to be active on good liquoring grades along with loose tea traders. Tata Global was more interested in bolder grades. Exporters operated in medium and plain grades. Hindustan Unilever was not present. Upcountry demand remained subdued. The orthodox dust auction was irregular and remained subdued with some withdrawals. Bulk of the offerings was absorbed by exporters and interstate buyers.
Leaf Auction
Most high grown varieties were steady to firm and sometimes dearer at the orthodox leaf auction. Other grades quoted lower with some withdrawals. Medium teas with good colouration sold at last week's levels. Exporters to CIS countries and other destinations lent fair amount of support. Exporters to Tunisia operated at lower price limits. Hindustan Unilever did not participate. Upcountry buyers operated on whole leaf grades and fannings. High priced teas tended to ease at the CTC leaf auction while medium and lower grades moved up in value. Internal buyers and exporters were active at the CTC leaf auction while HUL remained selective.
Top Prices
Pasuparai SFD fetched the top price at the dust auction at Rs 130 followed by Pasuparai FD at Rs 124, Injipara SFD and Injipara SRD at Rs 123. At the leaf auction Pascoe's green tea fetched the top price at Rs 291 followed by Havukal BOPF at Rs 220, Chamraj OP at Rs 196 and Chamraj FOP at Rs195.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.