Kochi auctions: Tea arrivals hit by rain; CTC mud costs up

Lively participation of blenders coupled with low arrivals because of inclement climate has lifted CTC mud costs at Kochi tea auctions. Blenders collectively absorbed 60 per cent of the provided amount of 6,92,688 kg in sale 31 which witnessed a powerful demand, the auctioneers Forbes, Ewart & Figgis stated. The market reacted sharply following a … Read more

Increased export costs immediate tea producers to give attention to abroad markets

Elevated tea costs in abroad markets appear to have facilitated main producers to focus extra on exports, which led to decrease arrivals of the brew in Kochi auctions. A senior official from a number one plantation firm mentioned the pivot in direction of exports is leading to decrease tea choices at public sale platforms. This … Read more