Friday, July 20, 2007
Good Demand Encourages Tea Prices At Kochi Auction
Kochi: Good demand bolstered tea prices at the Kochi tea auction where the offer was low. Good CTC dust varieties were dearer by Rs 2-4 while liquoring CTC medium rose by Rs 3-5. Bolder CTC varieties remained firm and poorer CTC witnessed less demand. High grown orthodox varieties were easier while medium orthodox remained steady. Best CTC varieties fetched Rs 60-73, medium CTC Rs 53-58 and below medium ranged between Rs 40-47. Prices of medium orthodox varieties remained steady, while medium fannings were dearer. High grown orthodox varieties remained irregular and lower fannings remained firm. Orthodox grades saw good demand from exporters.
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