Topic
orthodox tea
Commodities West Asia crisis hits orthodox tea shipments from Coonoor auctions, prices decline
The West Asia crisis has disrupted orthodox tea exports from the Coonoor auctions, leading to price declines of Rs3-4 per kg for whole leaf grades. Increased arrivals during the peak crop season helped maintain stable volumes, with Sale No. 29 recording 92% sales in the leaf category and 85% in dust. CTC and orthodox dust grades also saw varying price movements, according to Global Tea Auctioneers.
Commodities West Asia crisis subdues orthodox tea exports from Kochi auctions, prices slip
Escalating conflict in West Asia has severely curtailed orthodox tea exports from Kochi auctions, with shipments to GCC and other Gulf markets at a standstill. Underscoring the subdued demand, unsold quantities rose to 19% of the offered 269,479 kg in Sale 29, and average prices dipped ₹3 to ₹183 per kg. Exports are currently limited to Europe and Russia, with rising freight and shipment delays further pressuring trade.
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 West Asia demand drives orthodox tea prices higher at Kochi auctions
Kochi tea auctions saw orthodox tea prices rise by around ₹13 per kg as easing West Asia tensions revived export demand. Improved crop quality from recent rains and stable buying from Russia, Iran, Iraq, and other Middle Eastern countries drove the uptick.
Commodities West Asia Tensions Weigh on Orthodox Tea Prices at Kochi Auctions
Ongoing war-related uncertainty in West Asia has dented export demand for orthodox teas at the Kochi tea auctions, with prices falling ₹6 per kg. Auctioneers report buyer resistance in Sale No. 24 amid renewed US-Iran tensions, while exporters serving Gulf and CIS markets provide only limited support. The orthodox offering of 255,383 kg saw 85% sold at an average of ₹178.60/kg, down from ₹184.78 last week.