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Despite low arrivals, good liquoring and popular marks teas in CTC dust grades were dearer at Kochi auctions this week.
Of the quantity of 8,74,000 kg on offer, leading blenders extended good support to this particular variety in sale no 20.
However, prices of other categories were irregular and lower by ₹3-5 a kg and the decline was more on medium and plainer teas. Though there was a subdued demand from exporters and regional blenders, upcountry buyers lent fair support.
According to auctioneers Forbes, Ewart & Figgis, the orthodox market witnessed heavy withdrawals. The quantity on offer was 11,500 kg and exporters and upcountry buyers absorbed a small quantity.
In Cochin CTC dust quotation, good varieties fetched ₹106-140, mediums quoted ₹95-120 and plain grades stood at ₹90-97.
In leaf category, the market for Nilgiri brokens and whole leaf barely remained steady and tended to ease. With a subdued demand from exporters, the quantity on offer in orthodox grades was 118,500 kg.
In CTC leaf grades, good liquoring brokens was steady to firm and the quantity on offer was 59,000 kg. Exporters and upcountry buyers absorbed the bulk of the offerings sold.
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