Business
Kochi tea auction prices fall about Rs 6 per kg
The Hindu BusinessLine·
Average price realisation at the Kochi tea auctions fell by around ₹6 per kg after weak overseas and upcountry buying. About 30 to 40 percent of the 1,78,240 kg of orthodox leaf in Sale 42 stayed unsold. Traders cited Puja holidays in North India and West Asia tensions. CTC dust averaged ₹154, down ₹2 from ₹156.
Prism
What It Means For You
- Forbes, Ewart and Figgis said several grades fell ₹5 to ₹10 per kg with heavy withdrawals.
- CTC dust sales percentage was 78 on an offered quantity of 5,90,994 kg.
- Blenders took 70 percent of CTC volume sold while exporters stayed active.
What's Happening
- Anil George Joseph of the Tea Trade Association of Cochin said North India Puja holidays limited participation.
- Auctioneers linked caution to container shortages and higher shipping costs from West Asia tensions.
- Traders said north-east monsoon arrivals improved quality and also weighed on prices.
What Sale 42 showed
- Whole-leaf grades faced weak demand and substantial withdrawals.
- Exporters to CIS countries still gave fair support, auctioneers said.
- BusinessLine reported the Sale 42 results on October 23, 2026.
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