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The Kochi Tea auction witnessed an improved enquiry from exporters and upcountry buyers on select varieties.
In the CTC dust, the market opened on an irregular note. Good liquoring varieties were steady to firm and sometimes dearer as the sale progressed. Others were tended to ease, the auctioneers Forbes, Ewart & Figgis said.
The quantity on offer in CTC grades was 13,76,000 kg and around 88 per cent was sold in the auction.
However the market for orthodox varieties was lower by ₹1 to 2 and the quantity on offer was 17,500 kg. A small quantity of orthodox dust was absorbed by exporters.
In the best CTC dusts, PD varieties quoted ₹93/114, RD grades fetched ₹93/118, SRD ruled at ₹105/147 and SFD stood at ₹107/150.
The leaf sale witnessed a good demand in the auction with 2,65,000 kg of orthodox grades was on offer. With a good demand, the market for select Best Nilgiri Brokens and Whole Leaf was fully firm to sometimes dearer. Others were irregular and lower by ₹5 and sometime more.
CIS countries continued to be the mainstay of the market.
In the CTC leaf grades, the quantity on offer was 89,000 kg. The market for Good Liquoring teas was fully firm to sometimes dearer. However, the sale of plainer varieties was difficult to sell due to low or lack of bid.
In the dust category, Monica SFD quoted the best prices of ₹152 followed by Waterfall SFD at ₹149. In the leaf varieties, Chamraj Green FOP (S) fetched the best prices of ₹311 followed by Pascoe’s Woodlands Hyson Green Tea at ₹301.
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