Friday, October 3, 2008

Purchasers Remaining Subdued, Prices Declined - Oct 3, 2008

Kochi: With demand from blenders, exporters and inter-State purchasers remaining subdued, prices declined at the Kochi tea auction. There was 8,03,000 kg of dust tea on offer at the auction. Prices of high priced CTC dust varieties declined sharply by Rs 10-18, mediums and below mediums were Rs 5-10 lower and orthodox high grown prices declined by Rs 5-8. Medium orthodox continued barely steady in a market where blenders and other traders operated with less strength. Best CTC dust quoted Rs 95-100, medium CTC was at Rs 82-95 and below medium ranged at Rs 75-88.

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