Kochi tea auction witnessed a better demand for small quantities. In Sale No. 35, the quantity on offer in CTC dust grade was 6,68,000 kg.
The market opened by Rs 2 to Rs 3 dearer. However, the prices improved further following quality and quantity as the sale progressed.
Plainer and browner teas were barely dearer by Rs 2-3, especially the powdery grades. Upcountry buyers lent fair support while subdued demand was seen from exporters.
The quantity on offer for orthodox grade was 6,000 kg and the market for primary grades was steady. Others were irregular and lower. Exporters and internal buyers absorbed small quantity of orthodox dust.
In the best CTC dust, PD varieties quoted at Rs 113/131, RD grades fetched Rs 130/154, SRD ruled at Rs 134/165 and SFD stood at Rs 139/176.
Leaf sale
The leaf sale also witnessed a mixed trend and the quantity on offer in the orthodox grade was 71,000 kg. The market for select best high-growns was fully firm to dearer.
Others were irregular and sometimes lower. Well medium, tippy grades and bolder brokens appreciated in value. Fannings from the same origin moved up in value.
The quantity on offer in CTC leaf grade was 58,500 kg. Good liquoring teas were steady to dearer by Rs 1-2. Others were irregular and lower and witnessed heavy withdrawals especially the plainer teas.
In the dust category, both Monica SFD and Manjolai SFD quoted the best prices of Rs 176 each followed by Kallyar SFD at Rs 174. In the leaf grade, P’s Woodlands Hyson Green Tea fetched the best prices of Rs 303 followed by Goldsland Select BPS at Rs 264.