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Low arrivals and diminishing demand impacted prices of several tea varieties at Kochi auctions.
The market for select best high-priced teas in CTC dust was steady to firm and sometimes dearer. Others were irregular and tended to ease.
In sale no 9, the quantity on offer in CTC grades was 8,39,500 kg.
Major blenders were active on good liquoring varieties, while regional blenders and upcountry buyers lent fair support, the auctioneers Forbes, Ewart & Figgis said.
The market for orthodox dust was irregular and lower with a quantity of 3,000 kg on offer.
Exporters absorbed a small quantity.
In Cochin CTC dust quotation, good varieties fetched ₹119-153 a kg, mediums quoted ₹96-135 and plain grades stood at ₹77-103.
In the leaf category, the market for Nilgiri brokens and Fannings in orthodox grades was steady to firm and sometimes dearer following quality.
The quantity on offer was 149,000 kg.
The CTC leaf witnessed a better demand and the market was dearer by ₹2-3 a kg.
The quantity on offer was 45,500 kg.
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