Good demand perked up the prices of almost all varieties of tea at the Kochi tea auction.
Dust sale
In Sale No.11 in dust CTC grades, the demand was strong and the quantity on offer was 8,46,500 kg.
The market for good liquoring teas was higher by longer margins of Rs 5 to Rs 10 and more. Mediums were also higher by similar margins, while plainer varieties were dearer by Rs 2 to Rs 4 and sometimes more.
Orthodox varieties registered good demand and the quantity on offer was 5,000 kg. The market for highgrowns was higher, while for mediums it was dearer. Bulk of the offerings was absorbed by upcountry buyers and exporters.
In the best CTC dusts, PD varieties quoted Rs 115/123, while RD grades fetched Rs 131/158, SRD stood at Rs 128/158 and SFD at Rs 127/158.
Leaf sale
Leaf sale also witnessed good demand and the quantity on offer in orthodox grades was 77,000 kg. The market for good liquoring Nilgiri brokens, whole leaf and fannings were fully firm to dearer.
Others were irregular and sometimes dearer. Medium bolder brokens, tippy grades and fannings were firm to dearer. Whole leaf witnessed a strong feature and moved up in value.
Of the quantity of 75,000 kg on offer in the CTC grades, the market was generally firm to dearer by Rs 3 to Rs 5 and sometimes more.
In the dust category, both Injipara (Prm) and Jayshree (Prm) SRD quoted the best prices of Rs 159 each followed by Injipara (Prm) SFD/SRD at Rs 158.
In the leaf grades Chamraj Green FOP (S) fetched the best prices of Rs 446 followed by Chamraj OP at Rs 376.