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Arrivals continued to remain higher at the Kochi tea auction where 11,80,000 kg of dust and 3,26,000 kg of leaf were on offer. Popular good liquoring varieties remained barely steady at the CTC dust sale, while smaller grades tended to ease.
Medium grades continued to remain firm in a market where buyers chased quality. Plain grades were irregular and sometimes quoted lower. Tata Global, Kerala State Civil Supplies Corporation and AVT were active on good liquoring grades. Loose tea traders and Hindustan Unilever lent fair amount of support.
Upcountry buyers were subdued in a market where exporters confined themselves to grainy varieties. Primary grades remained steady at the orthodox dust auction while other grades eased. There was some amount of withdrawals even as fair amount of offerings were absorbed by exporters and interstate buyers.
Leaf Auction
Well made and good liquoring high-grown broken grades and whole leave grades remained firm and later inched up at the orthodox leaf auction. Others were irregular to lower. Fannings moved up in value following quality. Medium grades, whole leaf and bolder broken grades remained steady to firm.
Other teas quoted lower and there were several withdrawals. Exporters to CIS countries lent fair amount of support. HUL remained selective. Buying from upcountry buyers was fair and they operated on whole leaf grades.
Good liquoring grades were barely steady at the CTC leaf auction while others were irregular and tended lower. Exporters continued to be active on smaller broken grades and fannings. Tata Global remained selective in the market while HUL did not participate.
Top Prices
Pasuparai SFD fetched the top price at the dust auction at Rs 136 followed by Injipara SRD at Rs 130, Injipara SFD at Rs 125 and Pasuparai FD at Rs 120. At the leaf auction Pasoe's green tea fetched the top price at Rs 290 followed by Havukal BOPF at Rs 216, Chamral OP at Rs 201 and Chamraj FOP at Rs 200.
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