Tea prices decline at Kochi auctions

In spite of decrease arrivals, selling prices of a number of tea varieties declined at Kochi auctions this 7 days.

The quantity provided in sale No. 10 in CTC dust was nine,04,462.eighty five kg, which witnessed only a honest demand. The current market for superior liquoring and common marks ended up continuous to company. Key blenders ended up active on superior liquoring teas, the auctioneers, Forbes, Ewart & Figgis said.

Exporters ended up selective and operated at base of the current market. Kerala Unfastened Tea trades and upcountry customers lent honest assistance. The regular value realised was ₹114.88, the exact same degree quoted in the prior 7 days.

The quantity on offer in orthodox grades was nine,000 kg. The current market was irregular and decrease, witnessing some withdrawals.

In leaf class, an improved exporters’ participation was discovered in the sale. Even though the demand was honest and the whole quantity sold was only fifty five for each cent out of the whole two,06,086.90 kg. The current market for Nilgiri entire leaf and brokens scarcely remained continuous and was decrease by long margin of ₹5-10 and from time to time a lot more.

CTC leaf current market was decrease by ₹2-three and from time to time a lot more. It also witnessed lot of withdrawals. The quantity provided was 34,000 kg. There was a honest demand from Kerala customers. The regular value realised was on the greater facet at ₹126.89 as opposed to ₹121 in the prior 7 days.

Pasuparai SRD quoted the very best selling prices of ₹148 in dust varieties, even though Chamraj FOP arrived to the prime in leaf grades, quoting ₹253.