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Prices of select grades improved at the dust and leaf tea auctions in Kochi. Arrivals remained more or less steady at 11, 97,000 kg at the dust and 2, 97,000 kg at the leaf auction. Good liquoring grades remained firm to dearer at the CTC dust auction. Bold and grainy CTC quoted higher. All other grades remained irregular often tending lower. There were some withdrawals.
AVT was active on good liquoring CTC dust grades while Tata Global and Kerala State Civil Supplies Corporation lent fair amount of support. Hindustan Unilever (HUL) remained very selective. Clean black grades elicited better enquiry from exporters. High grown and good medium grades remained steady at the orthodox dust auction. Other grades quoted lower with several withdrawals. There was some support from exporters.
Leaf Auction
Nilgiri whole leaf grades and fannings were steady while broken grades quoted lower and witnessed some withdrawals at the orthodox leaf auction. Primary whole leaf, fannings and smaller broken grades witnessed a steady market, while bolder grades showed a decline in price. Secondaries remained barely steady.
Exporters to CIS countries remained selective while exporters to Tunisia focused on medium grades. HUL lent fair amount of support and focused on whole leaf grades. Smaller broken grades and fannings were absorbed by tea bag exporters.
There was good demand at the CTC leaf auction where price of medium and smaller broken grades and fannings remained steady. Other CTC leaf grades were irregular. Exporters were active on medium and plain grades while upcountry buyers were less active. HUL did not operate in the CTC leaf auction.
Top Prices
Injipara SFD fetched the top price at the dust auction at Rs 121 followed by Injipara SRD at Rs 119, Pasuparai RD at Rs 118 while Injipara RD and Pasuparai FD quoted Rs 116. At the leaf auction Pascoe's green tea fetched the top price at Rs 258 followed by Chamraj FOP and Chamraj OP at Rs 211 while Havukal BOPF quoted Rs 171.
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