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Unit 42

Economy News, Latest Economic News Today | The HinduBusinessLine

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Strong overseas demand lifts orthodox tea sales in Kochi ...
2026-05-15 · via Economy News, Latest Economic News Today | The HinduBusinessLine

Strong export demand from CIS nations and neighbouring countries lifted orthodox tea prices, leading to a higher percentage of sales at auctions.

The auction platform witnessed 99 per cent sales out of the offered quantity of 2,18,683 in Sale 20 with a ₹3 increase in average price realisation.

Traders said Russia and the UAE remained the major buyers, while enquiries from Iran also continued through third-party purchases. Reports indicate that Iranian buyers are exploring alternate shipment routes, and market participants expect direct Iranian buying to revive the auction market further, particularly for brokens and long-leaf varieties.

According to traders, overseas buyers are actively scouting for orthodox grades from South Indian auction centres as prices for the brew have surged in North India following the first flush season. However, limited arrivals in South Indian auction centres remain a concern and could force buyers to turn to Sri Lanka for purchase.

West Asia active

Meanwhile, the onset of the monsoon is expected to benefit South Indian teas by improving crop quality in the coming weeks.

CTC leaf market was also good with brokens and fannings firm to dearer. The offered quantity was 26,000 kg with Kerala and upcountry buyers remained main stakeholders.

Anil George, president of the Tea Trade Association of Cochin, said that the orthodox market remained firm, witnessing a strong buying interest, especially from West Asian and CIS exporters. The auction demonstrated a discerning market with buyers willing to pay for quality liquoring and well-made orthodox teas, while plainer and indifferent grades continued to face challenges.

However, demand was less for dust grades with many grades witnessing difficulties in selling due to low bid or lack of bid. The quantity offered in CTC dust was 5,37,381 kg, witnessing 79 per cent sales. All blenders together absorbed 71 per cent of the total CTC quantity sold.

Published on May 15, 2026