Commodities

Tea prices dip at Kochi sale on slack buying by blenders

V Sajeev Kumar Kochi | Updated on January 09, 2018 Published on December 04, 2017

Subdued buying by major blenders kept prices of several tea varieties low at Kochi auctions.

The market for good and better liquoring mediums was steady to firm and sometimes dearer, while others were irregular and lower and witnessed some withdrawal. Browner teas showed a decline in prices in sale No 48.

The quantity on offer in CTC dust was 9,57,500 kg. Kerala State Civil Supplies Corporation and regional blenders were active in good liquoring varieties.

In orthodox grades, the market barely tended to ease. The quantity on offer was 13,000 kg. Exporters continued to be the mainstay.

In Cochin CTC dust quotation, good varieties fetched ₹108-159, mediums realised ₹80-130 and plain grades stood at ₹65-85. In the leaf category, the market for Nilgiri brokens, whole leaf and Fannings in orthodox grades showed a decline of ₹5-10.

The quantity on offer was 2,45,000 kg. In CTC leaf, the market for brokens was lower by ₹5-7 a kg. The quantity on offer was 40,000 kg.

Monica SFD fetched the best price in dust varieties at ₹161/kg. In the leaf category, Chamraj OP topped at ₹290, followed by Sutton Pekoe at ₹229.

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Published on December 04, 2017
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