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Tuesday, October 9, 2007

Mixed tea prices at Coimbatore

Coimbatore : The prices of Orthodox leaf teas moved up marginally while that of others ruled lower by Re. 1 to Rs. 2 per kg in the Coimbatore auction held last week, trade sources Tuesday said.

With shippers to the CIS countries operating on orthodox leaf grade selectively, well-made Nilgiris clean larger teas and brokens quoted firm to occasionally dearer by Re. 1 to Rs. 1.50, while other grades eased by Re. 1 to Rs. 2 per kg.

Brighter liquoring CTC leaf met with some demand, but was easier by Re. 1, whereas medium and plainer brokens saw less demand and tended easier by Re. 1 to Rs. 2.

In the dust category, orthodox quoted Rs. 1 down, while CTC selected high priced propular marks were barely steady and others lower Re. 1 to Rs. 1.50 with some withdrawals, especially browner leaf appearance teas, the sources said.

Orthodox high grown brokens quoted Rs. 55 to Rs. 77, while good CTC brokens Rs. 42 to Rs. 50, fannings Rs. 43 to Rs. 50, medium brokens Rs. 36 to Rs. 40 and fannings Rs. 36 to Rs. 39 per kg.

Best CTC dust quoted Rs. 54 to Rs. 65, good Rs. 44 to Rs. 53, medium Rs. 36 to Rs. 42 and medium orthodox dust Rs. 30 to Rs. 42. Of the total offerings of 5.54 lakh kgs, dust comprised 3.63 lakh kgs, the sources said.

Source: PTI

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