Tea prices gain on demand at Kochi auctions
Michael Chen
Senior Web Developer
A good demand perked up prices of almost all varieties of tea at Kochi tea auction. In sale no. 47 dust category, the quantity on offer in CTC grades was 12,69,500 kg.
The market for good liquoring and popular marks of Kerala was fully firm to dearer by Re 1 to Rs 3 and sometimes more. Others remained steady to firm and occasionally dearer following quality.
According to auctioneers Forbes, Ewart and Figgis, the orthodox grades also witnessed a steady market and the quantity on offer was 23,500 kg. Bulk of the offerings was absorbed by upcountry buyers and exporters.
In the best CTC dusts, PD varieties quoted the best price of Rs 95-105, RD grades stood at Rs 100-110, SRD varieties fetched Rs 103-111 and SFD at Rs 103-124.
The Sale No.47 in leaf category also witnessed a good demand and the quantity on offer in orthodox grades was 2,44,500 kg.
Smaller brokens and fannings from the same origins was fully firm to sometimes dearer.
CTC LEAF
The CTC leaf grades witnessed a better demand and the quantity on offer was 1,01,500 kg. The market was fully firm to dearer by Rs 2-3 and sometimes more.
In the dust category, Pasuparai SFD quoted the best prices of Rs 126 followed both by Injipara (Prm) RD and Kallayar SFD at Rs 125.
In the leaf grades, Chamraj Green Tea (FOP (S) fetched the best prices of Rs 314 followed by P’s Woodlands Hyson Green Tea at Rs 313.
Source: thehindubusinessline.com/markets/commodities/tea-prices-gain-on-demand-at-kochi-auctions/article4133693.ece
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