Good demand spurted the prices of some varieties at the Kochi tea auction. For small quantities, the demand was good and the quantity on offer was 6.2 lakh.
In Sale No. 36, the quantity on offer in CTC dust grade was 6,11,500 kg. Market for good liquoring teas was fully firm to dearer by Rs 2-3 and sometimes more, according to auctioneers Forbes, Ewart & Figgs Pvt Ltd.
Others were irregular and lower following quality. Medium and plain browner teas were lower and witnessed some withdrawals.
Arrival of orthodox grade was very low at 4,500 kg compared to last week. The market was lower and witnessed many withdrawals. There was subdued demand from exporters.
In the best CTC dusts, PD varieties quoted at Rs 110/133, RD grades ruled at Rs 134/160, SRD stood at Rs 145/167 and SFD at Rs 145/177.
Demand was good for Orthodox leaf grade and the quantity on offer was 67,500 kg.
The market for select best Nilgiri brokens and whole leaf was fully firm to dearer. Others were irregular and lower. Corresponding Fannings witnessed strong feature and appreciated in value.
Well made medium bolder brokens and whole leaf tippy grades were steady to firm and sometimes dearer following quality. Smaller brokens and fannings from the same region moved up in value.
The quantity on offer in the CTC grade was 42,500 kg. The market for good liquoring varieties was fully firm to dearer. Others were irregular and sometimes lower and witnessed some withdrawals. Exporters, upcountry buyers and Kerala buyers lent useful support.
In the dust category, brands such as Manjolai SFD, Kallyar SFD and Mayura SFD quoted the best prices of Rs 177 each followed by Pasuparai SFD at Rs 176. In the leaf varieties, P’s Woodlands Hyson Green Tea fetched the best prices of Rs 306 followed by Goldsland Select BPS at Rs 252.