Demand drives up prices in Kochi tea auctions bl-premium-article-image

Our Bureau Updated - November 17, 2017 at 04:39 PM.

Good demand perked up prices of almost all varieties in the Kochi tea auction last week. The demand for CTC dust category was good and the quantity on offer was 8,13,000 kg.

The market opened irregular and easier by Re 1 to Rs 3. It declined further as the sale progressed. However, a few select best and popular marks were sold around last, a statement issued by auctioneers Forbes, Ewart and Figgs Pvt Ltd said.

The quantity on offer in the orthodox dust grades was 9,000 kg. The market was lower with some withdrawals.

In the best CTC dusts, PD varieties quoted at Rs 96/103, RD grades at Rs 99/105, SRD at Rs 100/106 and SFD at Rs 100/115.

Leaf sales also witnessed good demand and the quantity on offer in Orthodox grades was 141,000 kg. Highgrown bolder brokens, whole leaf was fully firm to sometimes dearer following quality. Corresponding Fannings was irregular and lower by Rs 5 to Rs 10.

Medium well made clean black bolder brokens, tippy grades and whole leaf were fully firm to sometimes dearer following quality. Medium Fannings remained steady.

Of the quantity of 99,500 kg in the CTC leaf grades, the market was irregular and lower by Rs 3 to Rs 5 and sometimes more.

In the dust category, Injipara (Prm) SRD quoted the best prices of Rs 132 followed by Injipara (Prm) RD at Rs 130. In the leaf varieties, Kundalay Pekoe quoted the best prices of Rs 225 followed by Grahamsland Pekoe at Rs 222.

Published on October 8, 2012 07:15