Despite low arrivals, good liquoring and popular mark teas in the CTC dust grades were dearer at the Kochi auctions this week.
Of the 8,74,000 kg on offer, leading blenders extended good support to this particular variety in sale no 20.
However, prices of other categories were irregular and lower by ₹3 to ₹5 and the decline was more for medium and plainer teas. Though demand from exporters and regional blenders was subdued, upcountry buyers lent fair support.
According to auctioneers Forbes, Ewart & Figgis, the orthodox market witnessed heavy withdrawals. The quantity on offer was 11,500 kg and exporters and upcountry buyers absorbed a small quantity.
In the Cochin CTC dust quotation, good varieties fetched ₹106-140, mediums quoted ₹95-120 and plain grades stood at ₹90-97.
In the leaf category, the market for Nilgiri brokens and whole leaf barely remained steady and tended to ease. With subdued demand from exporters, the quantity on offer in the orthodox grades was 118,500 kg.
In the CTC leaf grades, good liquoring brokens were steady to firm and the quantity on offer was 59,000 kg. Exporters and upcountry buyers absorbed the bulk of the offerings sold.
In the dust grades, Mayura SD quoted the best price of ₹141, followed by Monica/ Pasuparai/ Waterfall SFD at ₹140. In the leaf category, Chamraj FOP-S (green tea) fetched the best price of ₹356, followed by P’s Woodlands-Hyson at ₹270.