Agri Business

Kochi tea prices gather steam on export demand

V SAJEEV KUMAR Kochi | Updated on January 23, 2018 Published on April 27, 2015

Improved demand from exporters was seen for good liquoring tea varieties at Kochi auctions last week. In sale no 17, the quantity on offer in CTC dust was 13,62,500 kg.

In the beginning, good liquoring teas were barely steady. As the sale progressed, the market was lower by ₹3-5 a kg and more following quality. However, several tea manufacturing companies including Kerala Loose Tea Traders continued to be active on good liquoring varieties, the auctioneers Forbes, Ewart & Figgis said.

The demand was less in Orthodox grades and the quantity on offer was only 7,000 kg, which was low compared to last week. The market was lower by ₹3-5 and witnessed some withdrawals. A small quantity of Orthodox dust sold was absorbed by exporters.

In Cochin CTC dust quotation, good varieties fetched ₹95-142, medium quoted ₹75-115 and plain grades stood at ₹60-70.

There was a higher arrival in leaf varieties and the quantity on offer in Orthodox grades was 191,500 kg, registering a marked improvement compared to last week. The quantity on offer in CTC grades was also up by 105,500 kg compared to last week. Upcountry buyers and exporters lent useful support for both the varieties.

In the dust grades, Injipara SRD quoted the best price of ₹167 followed by both Manalaar SFD and Manalaar SRD at ₹155 each. In leaf varieties, Chamraj FOP (Sup) Green Tea fetched the best prices of ₹301 followed by Chamraj FOP at ₹261.

Published on April 27, 2015
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