Prices for some varieties of tea at the Kochi auction witnessed a slight upward trend despite low arrivals. However, the entire 14,000 kg on offer in the Orthodox leaf grades was unsold due to lack or low bid.
Of the quantity of 8,13,000 kg on offer in CTC dust grades in sale no 36, good liquoring teas was firm to dearer by ₹2-3 a kg and sometimes more. Grainier varieties of medium and plainer teas were steady to firm and sometimes appreciated. Powdery varieties were irregular and lower.
Upcountry buyers operated with lower limits while exporters confined to medium and plainer varieties, the auctioneers Forbes, Ewart & Figgis said.
In the best CTC dust quotation, good varieties fetched ₹97-156, medium grades quoted ₹73-95 and plain at ₹50-63.
With a fair demand in leaf category, the quantity on offer in orthodox grades was 106,500 kg.
The market for good liquoring Nilgiri Brokens, whole leaf appreciated in value by ₹5-10 and sometimes more. There was a subdued demand for exports to CIS countries.
The quantity on offer in CTC grades was 57,000 kg. Fannings were steady to firm and sometimes dearer. Smaller Brokens tended to ease and also witnessed some withdrawals.
In the dust varieties, Injipara (Prm) SRD quoted the best prices of ₹160 followed by Monica SFD at ₹156.
In the leaf category, Pascoe’s Woodlands Hyson Green Tea fetched the best prices of ₹290 followed by Warwick FOP-S (Green Tea) at ₹258.