Agri Business

Kochi tea prices lose steam as demand eases

V Sajeev Kumar Kochi | Updated on January 10, 2018

Prices of several tea varieties decreased at the Kochi auctions due to subdued demand from major blenders and exporters.

The market opened with good liquoring teas selling at steady to firm levels, while others were irregular and sometimes lower. It also witnessed some withdrawals.

In sale no 38, the quantity on offer in CTC dust was 10,88,000 kg.

In orthodox dust, the market for primary BOPD was steady and others were lower.

The quantity on offer was 18,000 kg and exporters were the mainstay of the market.

In the Cochin CTC dust quotation, good varieties fetched ₹110-154 a kg, mediums quoted ₹84-126 and plain grades stood at ₹55-69.

In the leaf category, the market for select best high-grown brokens, whole leaf in orthodox grades was firm to dearer.

Others were irregular and lower.

The quantity on offer was 2,59,000 kg. Good enquiries came in from exporters to CIS countries and other destinations.

In CTC leaf, the market for good liquoring brokens and fannings was firm to dearer, while others showed a decline in prices, besides witnessing some withdrawals.

The quantity on offer was 70,000 kg.

In the dust category, Murugan SFD quoted the best prices of ₹159 followed by Sirikundra/Pudothottam at ₹154.

Chamraj FOP-S (Green Tea) topped in leaf varieties quoting ₹311, followed by Chamraj OP at ₹276.

Published on September 22, 2017

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