Despite active vendor participation on good liquoring teas, prices of several varieties at Kochi auctions were lower this week.
Though there was improved arrivals at 9.52 lakh kg in CTC dust, the market was lower by ₹5-10 a kg and sometimes more as the sale progressed. However, in sale no 9, there was a fair enquiry from upcountry buyers and exporters.
The market for primary grades in orthodox grades remained steady and the quantity on offer was 8,500 kg. A small quantity sold was absorbed by exporters.
In Cochin CTC dust quotation, good varieties fetched ₹105-149, medium quoted ₹96-123 and plain varieties stood at ₹83-101.
In leaf sale, the quantity on offer in orthodox grades was 144,000 kg. However, the market for select best Nilgiri brokens, whole leaf and Fannings barely remained steady. There was also a subdued demand from exporters and CIS countries.
In CTC leaf, the market for brokens was irregular and easier by ₹3-5 and sometimes more. It also witnessed a lot of withdrawals. The quantity on offer was 71,500 kg and there was a fair enquiry from exporters and upcountry buyers.
In dust varieties, Injipara SFD quoted the best prices of ₹151 followed by Monica SFD at ₹150. In leaf grades, Chamraj FOP-Sup (green tea) fetched the best prices of ₹351 followed by Chamraj FOP at ₹301.