8 months ago

Kochi Auctions: Orthodox Tea Prices Rise

Kochi Auctions: Orthodox Tea Prices Rise
Kochi Auctions: Lower offerings lift orthodox tea leaf prices · thehindubusinessline.com

In Kochi, the price of orthodox tea leaves went up by Rs5 per kg.

This happened because there was less tea available for sale, and buyers from places like CIS and the Middle East wanted to buy more.

The whole leaf tea became more expensive, while the broken leaves stayed the same price.

Some types of tea that cost more than Rs200 had a harder time selling.

The president of the Tea Trade Association said that the market is getting stronger because there isn't as much tea available, and people in India want to buy more.

This is also because of cold weather in places like Munnar, which makes it harder to grow tea.

Overall, the price of tea is going up.

Key facts

Orthodox Leaf Offered Quantity
1,95,948 kg
Orthodox Leaf Sales Percentage
90%
CTC Dust Offered Quantity
5,66,642 kg
CTC Dust Sales Percentage
75%
Orthodox Dust Offered Quantity
16,500 kg
Price Increase
Rs5 per kg
Key Buyers
CIS and Middle East buyers
Market Trend
Firmer market structure with tightening supplies

Quotes

Anil George

President of the Tea Trade Association of Cochin

“CTC dust prices strengthened further this week, indicating a clear shift toward a firmer market structure amid tightening supplies and sustained domestic demand.”
thehindubusinessline.com
“Since the beginning of the year, prices have steadily moved into a higher band, with trade sentiment aligning around a stronger equilibrium.”
thehindubusinessline.com

Sources

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