A good demand perked up prices of almost all varieties of tea at the Kochi tea auction.
In Cochin Sale No.10, the demand was strong in the CTC dust grades and the quantity on offer was 8,50,002 kg.
The market opened fully firm to dearer by Rs 3 to Rs 5. It appreciated further with longer margins of Rs 5 to Rs 10 as the sale progressed and sometimes more particularly towards the close of the sale.
The increase in the prices of PD grades was less compared to other grades, according to auctioneers Forbes, Ewart and Figgis Pvt Ltd.
The quantity on offer in the Orthodox dust was 7,000 kg. The market for primary grades was higher and others were dearer.
In the best CTC dusts, PD varieties quoted Rs 111/118, RD grades fetched Rs 115/156, SRD stood at Rs 118/159, while SFD ruled at Rs 120/165.
The leaf sale also witnessed a good demand and the quantity on offer in Orthodox grades was 91,000 kg. The market for Nilgiri brokens and whole leaf was fully firm to dearer following quality.
Others were irregular and tended to ease. Corresponding Fannings were easier, medium bolder brokens and tippy grades were firm to dearer.
Corresponding whole leaf have shown strong feature and appreciated with longer margins of Rs 5 to Rs 10 and sometime more. Medium secondary grades were irregular and tended to ease, while Fannings from the same region was fully firm to dearer.
The quantity on offer in the CTC leaf was 92,000 kg and the market for good liquoring teas was higher while medium and plainer teas were dearer.
In the dust category, Injipara (Prm) SFD quoted the best prices of Rs 165 followed by Injipara (Prm) SRD at Rs 159. In the leaf grades, Chamraj FOP fetched the best prices at Rs 406 followed by Chamraj Green FOP (S) at Rs 401.