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Low arrivals cap demand at Kochi tea auction

V.Sajeev Kumar Kochi | Updated on August 13, 2018

Sale no 32 in the Kochi tea auction witnessed low arrivals both in the leaf and dust varieties. This has impacted prices and led to subdued demand. Sources in the trade cited intermittent rains in several growing regions for the lower arrivals and the quantity on offer in CTC dust was low at 5,70,085 kg at the auction.

The market for good liquoring teas remained barely steady and was sometimes easier as the sale progressed. Browner, medium and plainer teas tended to ease and also witnessed some withdrawals. Demand from exporters and upcountry buyers was subdued.

Orthodox dust arrivals were low at 5,500 kg. The market remained barely steady and witnessed some withdrawals. A small quantity that was sold was absorbed by exporters.

In the leaf category, the market for select best Nilgiri brokens and whole leaf in orthodox grades was steady to firm and sometimes dearer. The quantity on offer was only 78,255 kg. The quantity on offer in CTC leaf was 30,676 kg and the market for brokens remained barely steady and tended to ease.

Monica SFD quoted the best price of Rs 167 in the dust grades, while P's Woodlands Hyson-SUP came to the top in leaf quoting at Rs 300.

Published on August 13, 2018

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