Agri Business

Blenders’ demand heats up tea prices at Kochi auction

V.Sajeev Kumar Kochi | Updated on January 24, 2018 Published on June 12, 2015

A better demand noticed from blenders resulted in value appreciation for good liquoring teas in Kochi auctions this week.

The market for this particular tea variety was steady to firm and sometimes dearer. The same trend was replicated in CTC leaf market with good liquoring teas appreciating by ₹2 to ₹3 and sometimes more.

The auctions also witnessed increased arrivals vis-à-vis last week with CTC dust quoting 12,98,000 kg in sale no 24.

There was value appreciation for Grainier varieties following export enquiry. Major blenders continued to be active along with regional blenders, the auctioneers Forbes, Ewart & Figgis said.

However, in Orthodox dust the market was lower at ₹3 to ₹5 and also witnessed heavy withdrawals. The quantity on offer was 18,000 kg. Exporters absorbed a small quantity sold.

In Cochin CTC dust quotation, good varieties fetched ₹93-134, mediums quoted ₹65-96 and plain grades stood at ₹53-65.

In leaf sales, the quantity on offer in orthodox was 184,000 kg, showing an increase compared to last week. The market for select best highgrown brokens, whole leaf was steady to firm and sometimes dearer. Others were irregular and tended to ease.

With a good demand, the quantity on offer in CTC leaf was 66,000 kg.

In dust category, Monica SFD quoted the best prices of ₹134 followed by both Sholayar SRD and Waterfall SFD at ₹131 each. In leaf grades, Chamraj FOP-Sup Green tea fetched the best price of ₹331 followed by P’s Woodlands Hyson Green tea at ₹290.

Published on June 12, 2015
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