A mixed trend continues to witness the Kochi Tea auction for the last few weeks. In sale no. 34, the quantity on offer in the CTC dust category was 7,57,500 kg.
The market for powdery grades of good liquoring and popular marks of Kerala were ruled steady, while other grades were irregular and lower by Rs 3 to Rs 5 and sometimes more as the sale progressed. The decline in prices was less for medium and plainer varieties.
Though the orthodox dust arrivals in the auctions were low at 3,500 kg, this commodity witnessed a steady market. A small quantity was absorbed by exporters.
In the best CTC dusts, PD grades quoted Rs 112/127, RD varieties ruled at Rs 120/152, SRD fetched Rs 128/161 and SFD stood at Rs 130/176.
The leaf sale also witnessed a mixed trend and the quantity on offer in orthodox category was 57,500 kg. The market for select best Nilgiri brokens, whole leaf was fully firm to dearer.
Others were irregular and lower following quality. Fannings from the same origin witnessed strong feature especially the better ones.
Clean black, well made medium bolder brokens, tippy grades appreciated in value, while others were irregular and easier. TGBOP from the same category witnessed strong feature and moved up with longer margins of Rs 10 and more.
Medium whole leaf grades sold around last level and sometimes declined. There was a steady market for corresponding Fannings.
The quantity on offer in CTC leaf was 56,500 kg. The market for good liquoring teas was dearer, while others were lower.
In the dust grades, Monica SFD fetched the best prices of Rs 177 followed by Kallyar SFD at Rs 176. In the leaf grades P’s Woodlands Hyson Green Tea quoted the best prices of Rs 301 followed by Goldsland Select GFOP at Rs 256.