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Exporters lift leaf tea prices at Kochi auctions

Active participation of exporters has lifted price ranges of leaf teas at the Kochi auctions this week. The marketplace for pick out finest Nilgiri total-leaf and brokens was company to dearer in sale no 26. The quantity available was three,forty one,916 kg and exporters to CIS nations around the world and other destinations had been active.

CTC leaf sales witnessed powerful demand with ninety eight per cent bought out of the available quantity of 73,000 kg. The marketplace for finest and medium brokens was irregular and at times lessen, although Fannings had been dearer. There was active participation of upcountry buyers.

Having said that, the common cost realisation was lessen, at₹138, in contrast to the former week, stated auctioneers Forbes, Ewarrt & Figgis.

The common cost realisation in CTC dust grades was bigger at ₹106 against ₹103 in the former week, as grainier dust grades such as PD & RD witnessed powerful options and appreciated in value. The marketplace for good liquoring powdery styles was company to dearer. The quantity available was nine,44,164 kg. Having said that, there was subdued demand from free-tea traders, although exporters operated at the bottom of the marketplace.

The marketplace remained barely steady for orthodox dust and witnessed a declining pattern. The quantity available was ten,500 kg.

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June twenty five, 2020

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