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Several tea varieties especially in CTC dust and leaf category witnessed some withdrawals due to low or lack of bids at Kochi auctions this week.
Good liquoring and popular marks tea in CTC dust was steady to firm and sometimes dearer. However, others were irregular and lower by ₹5 to ₹7 and sometimes more, the auctioneers Forbes, Ewart & Figgis said.
In sale no 19, the quantity on offer in CTC was 12,69,500 kg and there was some active participation from leading blenders.
In orthodox grades, the market for primary grades was firm to dearer, while others were irregular and lower. The quantity on offer was 7000 kg. Exporters continued to be the mainstay.
In Cochin CTC dust quotation, good varieties fetched ₹113-148, mediums quoted ₹90-126 and plain stood at ₹76-90.
The declining price trend was there in leaf category also and the market for Nilgiri brokensand whole leaf in orthodox grades was lower by ₹10 to ₹15. The quantity on offer was 1,92,000 kg.
CTC leaf market was lower by ₹3 to ₹5. The quantity on offer was 84,500 kg.
Injipara SFD came to the top in dust grades quoting ₹152 followed by Monica SFD at ₹148. In leaf, Chamraj FOP-S (green tea) quoted the best prices of ₹416 followed by Burnside FP (Green Tea) at ₹300.
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