Topic
auctions
Commodities Quality Tea Prices Rise in Kochi Auctions as Blenders, Exporters Drive Demand
Quality teas in Kochi auctions saw higher prices from blenders and exporters in both dust and leaf categories. CTC dust prices rose by ₹2/kg to ₹153.88, with blenders absorbing 72% of sold quantity. Orthodox leaf demand from CIS countries supported the market while West Asia demand was subdued.
Commodities Overseas Demand from CIS and West Asia Lifts Tea Prices at Kochi Auctions
Overseas demand, particularly from CIS and West Asia, has lifted tea prices at the Kochi auctions as the West Asian crisis eases. Orthodox grades saw a 92% sales out of 2,80,925 kg offered, while CTC dust was dearer by Rs1-2 with 89% sales. The trend is expected to continue, according to traders.
Commodities Orthodox Tea Prices Edge Up at Coonoor Auctions as West Asia Truce Boosts Demand
Tea prices were marginally up at Coonoor auctions last week, driven by improved demand for orthodox varieties following the normalisation of issues in West Asia after a recent truce. Sales volumes were robust, with leaf categories seeing 95% of offered quantity sold, while dust achieved 92%. Price movements varied by grade, with orthodox primary whole leaf and brokens dearer by ₹4–5 per kg.
Commodities Blenders and Upcountry Buyers Drive Tea Prices Higher at Coonoor Auctions
Tea prices at Coonoor auctions rose by Rs2 per kg on average, driven by brisk demand from blenders and upcountry buyers. Lower offerings supported the uptick, with CTC leaf and orthodox grades showing varied price movements.
Commodities Muted Demand Pressures Tea Prices at Kochi Auctions
Tea prices at Kochi auctions have declined due to muted demand and geopolitical tensions in West Asia. The auction saw a decrease in prices for popular grades, with a notable drop in CTC dust market prices.
Commodities Kochi Tea Auctions Face Uncertainty Amid West Asia Tensions
Kochi's tea auctions are experiencing a decline in overseas buyer activity due to escalating tensions in West Asia. Orthodox tea sales have decreased, with a notable percentage of unsold quantities. The market sentiment remains weak, but potential improvements are expected as the Onam season approaches.