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Abroad demand pushes up orthodox leaf tea market at Kochi auctions

A widespread abroad demand coupled with the non-availability of tea in North India has pushed up orthodox leaf costs in Kochi auctions, witnessing a rise of ₹6 per kg in common worth.

Merchants stated 90 per cent of the supplied amount of two,19,171 kg in orthodox grades was offered in sale 11, due to elevated purchases made by North Indian consumers due to winter holidays there. The shopping for pattern is prone to proceed for some extra time till the primary flush from the gardens hits the North Indian auctions.

Tunisia enquiries

The auctioneers Forbes, Ewart & Figgis stated that exporters to CIS and Center East nations had been energetic, whereas helpful enquiry seen from Tunisia.

In CTC leaf, offered amount was 93 per cent out of the choices of 45,000 kg. Greatest brokens was agency to dearer and main packateers lent truthful assist together with Kerala and upcountry consumers.

The mud market was additionally agency and dearer on account of decrease arrivals because the supplied amount was 7,73,074 kg with a gross sales proportion of 92. Blenders collectively coated 56 per cent of the CTC mud offered, whereas export demand was subdued.

Orthodox mud had a much less demand with a gross sales proportion of 18 out of the supplied amount of 10,500 kg. The market was decrease and witnessed lot of withdrawals.



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