Prices firm up on good demand at Kochi tea auction

Good demand perked up prices of some varieties at the Kochi tea auction. Sale no 37 saw 8,62,000 kg of Dust CTC category on offer.

The market for good liquoring teas was fully firm to dearer. Others were irregular and lower and witnessed some withdrawals. However, plainer black teas were sold around last.

Though upcountry buyers lent fair support, export demand was subdued, the auctioneers Forbes, Ewart & Figgis said.

The quantity on offer in the Orthodox Dust grades was 5,500 kg and the market was barely steady and tended to ease. A small quantity on offer was absorbed by exporters.

In the best CTC dusts, PD varieties quoted Rs 107/132, RD grades fetched Rs 136/165, SRD ruled at Rs 145/167 and SFD stood at Rs 146/180.

Some varieties in leaf sales also witnessed good demand. The quantity on offer in the Orthodox grades was 95,000 kg. The market for good liquoring Nilgiri Brokens and whole leaf was firm to dearer. Others were irregular and lower. Fannings from the same origin declined in value.

Medium well-made tippy grades, bolder brokens and whole leaf appreciated in value. Others were irregular and tended to ease. The corresponding Fannings were dearer.

The quantity on offer in the CTC leaf grades was 63,500 kg. The market was firm to dearer by Rs 2 to Rs 3 and sometimes more. Upcountry buyers and exporters lent fair support.

In the dust category, Mayura SFD quoted the best price of Rs 180, followed by Kallyar SFD at Rs 176. In the leaf grades, Chamraj FP-Sup fetched the best price of Rs 259, followed by Sutton Pekoe at Rs 257.

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