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A subdued demand from blenders and exporters coupled with low arrivals has impacted tea prices at Kochi auctions last week.
Though good liquoring teas in dust category witnessed a steady to firm trend at the time of market opening, prices become irregular and lower as the sale progressed. Browner, medium and plainer varietiesfind difficulties in sales and it witnessed heavy withdrawals.
In sale no 10, the quantity on offer in CTC dust was 6.50,000 kg.
The orthodox dust market barely remained steady and tended to ease. The quantity on offer was only 6,000 kg and exporters continued to be mainstay, the auctioneers Forbes, EWart & Figgis said.
In Cochin CTC dust quotation, good varieties fetched ₹120-160, mediums quoted ₹112-148 and plain grades stood at ₹102-120.
In leaf category, the market for Nilgiri brokens, whole leaf in orthodox grades was firm to dearer following quality. The quantity on offer was 136,500 kg.
In CTC leaf, the market for good liquoring teas was barely remained steady and tended to ease. The quantity on offer was 46,000 kg.
In dust varieties, Monica SFD quoted the best prices of ₹160 followed by Jayshree SFD/SRD at ₹159. Sulton GFOP came to the top in leaf grades quoting ₹426 followed by Chamraj FOP-S (Green Tea) at ₹401.
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