Tea leaf prices spurt at Kochi auctions

Prices of leaf varieties spurted at Kochi auctions with orthodox grades witnessing a strong demand.

The market for Nilgiri brokens and whole leaf was appreciated by longer margin of ₹10 to ₹20 and sometimes more following quality. Fannings from the same origin was also dearer by ₹5 to ₹10.

According to auctioneers Forbest, Ewart & Figgis, better medium brokens and tippy grades were firm to dearer. Secondary brokens also moved up following quality, while Fannings from the same origin was dearer.

Of the quantity of 123,500 kg on offer in sale no 15, there was active participation of CIS and traditional exporters in these particular varieties. The demand was fair in CTC leaf and the quantity on offer was 93,500 kg.

However, improved arrivals and active vendor participation has not helped boost the prices of several dust varieties.

The market for good liquoring which came under the selection of AVT barely remained steady, while others were lower by ₹3 to ₹5. The quantity on offer in CTC grades in sale no 15 was 10,75,000 kg. Though there was active participation of exporters, the upcountry demand was subdued.

Nevertheless, the primary and secondary in orthodox grades was steady to firm and sometimes dearer. The quantity on offer was 16,500 kg.

In Cochin CTC dust quotation, good varieties fetched ₹102-146, mediums quoted ₹95-123 and plain grades stood at ₹95-103.

In dust varieties, Pasuparai FD quoted the best prices of ₹151 followed by Kallayar SRD at ₹148. In leaf grades, Havukal FOP came to the top position quoting ₹351 followed by Chamraj FOP-Sup (green tea) at ₹338.

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