A good demand perked up the prices of almost all varieties of tea at the Kochi Tea auction. In Cochin Sale No 48, the quantity on offer in the CTC dust category was 11,09,000 kg.
The market was fully firm to dearer by Rs 1-2 and sometimes more, especially popular marks and other good liquoring grainier varieties.
Of the quantity of 20,000 kg in the orthodox dust category, all varieties were fully firm to dearer by Rs 1-2 and sometimes more. Bulk of the offerings was absorbed by exporters. Upcountry buying was less, according to auctioneers Forbes, Ewart and Figgis (P) Ltd.
In the best CTC dusts, PD varieties quoted prices at Rs 95/107, RD grades fetched Rs 102/112, SRD stood at Rs 103/111 and SFD at Rs 104/122.
In the leaf category of Cochin Sale No.48, the quantity on offer in the orthodox grades was 202,500 kg. The market for good liquoring Nilgiri brokens, whole leaf was fully firm to dearer by lower margins of Rs 5-10 and sometimes more.
Others were irregular and sometimes lower. Corresponding Fannings tended to ease. Medium bolder brokens, whole leaf and Fannings witnessed strong feature and continued to sell at dearer levels. Smaller brokens barely remained steady and sometimes appreciated in value.
Of the quantity of 75,000 kg on offer in the CTC grades, the market opened on a steady note. As the sale progressed, it was higher by Rs 2-5 and sometimes more.
In the dust category, Injipara (Prm) SRD fetched the best prices of Rs 128. In the leaf varieties, P’s Woodlands Hyson Green Tea quoted the best prices of Rs 330.
> sajeevkumar.v@thehindu.co.in
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