Demand for good liquorings push tea prices in Kochi auctions
June 26, 2021
The rest was lower and irregular by ₹3 to ₹5, witnessing heavy withdrawals Demand improved for good liquoring varieties from upcountry buyers, pushing up prices of select tea grades at the Kochi auctions this week.
The market for select best, good liquoring and popular marks in CTC dust was firm and sometimes dearer, especially powdery grades in sale number 25. This was reflected in the average price realisation which increased to ₹126 against ₹124 in the previous week.
The rest was lower and irregular by ₹3 to ₹5, witnessing heavy withdrawals. Government entity Incoserve did not operate, while Supplyco s operations were limited, absorbing lesser quantity compared to last week. Crop arrivals were good with offered quantities remaining at 10,28,464 kg and 71 per cent was sold.