Tea price ranges – equally dust and leaf versions — declined at Kochi auctions following a seasonal correction in line with good quality and improved amount available at North Indian auction centres.
The lowered offtake has also witnessed from specified sections of the trade. The affect of this has mirrored in Kochi auction price ranges in sale 39. Nevertheless, the auction price ranges right here are nonetheless substantially larger in comparison to levels from earlier years, the auctioneers Forbes, Ewart & Figgis said.
Also go through: Tea price ranges continue to shift up in Kochi auctions
The amount available in dust grades was 5,54,505 kg with 88 for every cent was marketed. The market was lessen by ₹5 to ₹15 and the drop in price ranges was extra for the plainer and browner teas. It also witnessed some withdrawals. The ordinary cost realisation was also down at ₹191 when compared