Low arrivals spurted prices of several tea varieties at Kochi auctions. The quantity on offer in CTC dust was 8.73 lakh kg.
The market for Good Liquoring teas in sale no 32 was dearer by ₹3-5 a kg . Plainer grainier varieties was firm to dearer, while smaller grades were barely steady and tended to ease, the auctioneers Forbes, Ewart & Figgis said. However, there was a subdued demand from exporters and upcountry buyers.
The quantity on offer in orthodox dust was 15,000 kg, but the market was lower by ₹3-5 and witnessed heavy withdrawals.
In Cochin CTC dust quotation, Good grades fetched ₹95-134, mediums stood at ₹65-98 and plain varieties quoted ₹52-66.
In leaf sales, the market for select best Nilgiri brokens and whole leaf was steady to firm and sometimes dearer, while others were irregular and lower.
The quantity on offer in Orthodox grades was 154,000 kg, which was low compared to last week.
Of the 78,000 kg on offer in CTC grades, the market for Good Liquoring Brokens and Fannings was firm to dearer. There was active participation from upcountry buyers and exporters.