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Despite low arrivals, the prices of several tea varieties — especially good liquorings — spurted at Kochi auctions this week.
The market for good liquoring teas in CTC dust was firm to dearer by ₹2 to ₹3 and sometimes more, especially powdery grades in sale no 14. As the sale progressed, there was some resistance on select high priced good liquoring teas which were irregular and sometimes lower. The increase in price was less for browner teas, said auctioneers Forbes, Ewart & Figgis.
The quantity on offer in CTC grades was down this week at 6,91,000 kg. Exporters’ demand was also subdued. Amidst low arrivals at 3,500 kg in orthodox grades, the market was firm to dearer. Exporters absorbed a small quantity of that sold.
In Cochin CTC dust quotation, good varieties fetched ₹121-183, mediums quoted ₹109-155 and plain stood at ₹96-118.
In leaf category, the market for Nilgiri brokens and whole leaf was firm to dearer in orthodox grades. With good demand, the quantity on offer was 79,500 kg.
In CTC leaf, the market for good liquoring, bolder brokens and Fannings was firm to dearer. There was good demand from exporters, upcountry and Kerala buyers who absorbed the bulk quantity sold. The quantity on offer was 48,000 kg.
Monica SFD topped the dust varieties quoting ₹184, followed by Carady Goody SFD at ₹174.
In leaf, Chamraj FOP fetched the best price of ₹380 followed by Chamraj FOP-S (green tea) at ₹377.
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