Packeters lift dust tea prices at Kochi auctions

Active participation of packeters lifted CTC dust tea rates at Kochi auctions this week, registering a hike of ₹3 for each kg in average price tag realisation.

The marketplace in sale no 6 was robust with 91 for each cent of the offered amount of 9,thirteen,281 kg marketed. All blenders together absorbed seventy two for each cent of the complete amount marketed. Small medium and plainer teas witnessed robust element and appreciated by ₹3 to ₹7, from time to time much more. The average price tag understood was ₹169.75 when compared to ₹166.28 in the preceding week. Very good liquoring and significant-priced teas were being continual to agency, auctioneers Forbes, Ewart & Figgis claimed

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Leaf tea declines

Orthodox dust marketplace was dearer by ₹3 to ₹5, many thanks to lively participation of exporters and Kerala buyers. The complete amount of 9,000 kg offered was marketed.

Nevertheless, leaf tea rates declined, with exporters to CIS international locations and Middle East lending only a considerably assist. In orthodox grades, the marketplace for choose very best complete leaf scarcely remained continual. Some others were being irregular and lower. Significant-priced Nilgiri brokens tended to ease. The average price tag realisation was lower at ₹165 when compared to ₹168 in the preceding week. The amount offered was 1,29,697 kg.

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In CTC leaf, brokens and Fannings scarcely remained continual and was less difficult. It also witnessed some withdrawals. The amount offered was sixty two,500 kg. The demand from Kerala buyers was subdued.