A steady upcountry buying lift tea prices at Kochi auctions

Joseph B. Hash

A consistent and active upcountry purchasing coupled with fantastic export need has lifted tea costs – equally dust and leaf varieties at Kochi auctions this week. The dust market place in sale 35 was increased by ₹10-15 and appreciated even further as the sale progressed. Grainier varieties this sort of […]

A consistent and active upcountry purchasing coupled with fantastic export need has lifted tea costs – equally dust and leaf varieties at Kochi auctions this week.

The dust market place in sale 35 was increased by ₹10-15 and appreciated even further as the sale progressed. Grainier varieties this sort of as PD, RD, SRD witnessed powerful attribute, the auctioneers Forbes, Ewart & Figgis reported.

The amount made available was 3,ninety four,318 kg and ninety nine for every cent was bought. The common price realised was up by ₹177 for every kg compared to ₹165 in the earlier week.

The orthodox dust market place was also dearer by ₹3-five and a lot more and one hundred for every cent of the made available amount of 14,000 kg had takers in the market place.

The leaf sale witnessed a powerful need specifically CTC with 98 for every cent of the made available amount of ninety two,000 kg was bought. The market place was dearer by ₹3-five and occasionally a lot more throughout the board. Small medium and plainer teas witnessed powerful attribute and surged a lot more.

In orthodox leaf, the market place for Nilgiri brokens and total leaf was agency to dearer by ₹5-10 and occasionally a lot more. Fannings from the similar district witnessed powerful attribute and appreciated by ₹10-15 and a lot more. Exporters to CIS nations and other destinations were being active, though upcountry buyers lent reasonable aid.

The amount made available was 2,63,052 kg and 95 for every cent was bought. The common price realised was also up at ₹186 for every kg compared to ₹181 in the earlier week.

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