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Despite improved arrivals, the Kochi tea auction witnessed a mixed trend this week with prices of many varieties quoting lower.
In sale no 27, the quantity on offer in CTC dust category was 14,74,500 kg, showing an increase compared to last week.
With an improved upcountry demand, the market for good liquoring teas was steady to sometimes firm and dearer by ₹2 to ₹3. Others were irregular and tended to ease. It also witnessed some withdrawals, according to the auctioneers Forbes, Ewart & Figgis.
The quantity on offer in orthodox grades was 10,500 kg. The market was lower and also witnessed some withdrawals. A small quantity of orthodox dust sold was absorbed by exporters.
In the best CTC dusts, PD varieties quoted prices at ₹95/115, RD grades fetched ₹95/118, SRD ruled at ₹105/135 and SFD stood at ₹110/154.
The leaf sale also witnessed some improved arrivals and the quantity on offer in orthodox grades was 2,62,500 kg. The market for select Best Nilgiri Brokens was steady to sometimes dearer while Whole Leaf witnessed a strong feature. Fannings barely remained steady and others were irregular and tended to ease.
The quantity on offer in CTC grades was 81,500 kg. The market for Good Liquoring Brokens barely remained steady. Smaller Brokens and Fannings witnessed enquiry from exporters and upcountry buyers lent useful support.
In the dust category, Injipara (Prm) SFD fetched the best prices of ₹156 followed by both Monica SFD and Injipara (Prm) SRD at ₹155 each. In the leaf varieties, Pascoes Woodlands Hyson Green Tea fetched the best prices of ₹326 followed by Chamraj Green FOP (S) at ₹310.
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