Tea prices for almost all varieties continued to witness a downward trend at the Kochi tea auction, taking forward the declining trend of the last few weeks.
In Sale No.24, the quantity on offer in the CTC dust category was 12,52,500 kg. The market for good liquoring teas was lower by Rs 2 to Rs 3. Others were lower by Rs 5 or more following quality. There were better export enquiries for grainier varieties.
The quantity on offer in the orthodox dust grades was 19,000 kg. The market for primaries was steady, while others were irregular and lower. Exporters were the mainstay on orthodox dust grades.
In the best CTC dusts, PD varieties quoted Rs 102/120, RD grades fetched Rs 101/124, SRD ruled at Rs 110/136 and SFD stood at Rs 108/145.
Of the 157,000 kg on offer in the orthodox leaf grades, the market for Nilgiri brokens and Fannings was irregular and lower. Bolder brokens and whole leaf from the same origin were firm to dearer.
Well-made clean black medium bolder brokens and tippy grades were barely steady and tended to ease. The whole leaf variety was irregular and sometimes easier.
The quantity on offer in CTC leaf was 84,000 kg and the market was irregular and lower by Rs 3 to Rs 5. However, the grade witnessed good export enquiries.
In the dust category, Injipara Prm SRD fetched the best price of Rs 150, followed by Kallyar SFD at Rs 147. In the leaf grades, Chamraj FOP-S Green tea quoted the best price of Rs 300, followed by Pascoes Hyson Green Tea at Rs 291.