The decrease in the number of items arriving at Kochi Auction has been resolved. tea Prices are average realized prices, up ₹7 to ₹147 compared to the previous week.
Due to reduced production in plantations, the quantity offered of CTC in Sales 19 decreased to 5,68,907 kg. However, traders are hopeful that the situation is likely to change soon with the onset of summer rains across the state. Sales of low-priced tea were also low at auction.
The market was strong for CTC Dust, with good liqueur tea sales at 89 and solid price increases of £2-3 and sometimes more. There was active participation from Blender, who together absorbed 59 percent of his total CTC sold.
The orthodox dust market declined along with exporters, who remained the main stakeholders. The quantity provided was only 7,000kg.
Prices of orthodox leaves have started to fall, traders said, mainly due to improved production in north India as summer rains catch up.
auctioneers forbes, Ewart & Figgis said that the quantity offered in orthodox leaves is 1,19,149 kg of whole leaves and broken ones, which is more expensive. Exporters to the CIS and Middle East countries were active, and there was also some demand from the interior.
For CTC Leaf, Best Broken decreased, but Medium and Plain increased. The quantity offered was 29,500 kg.