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Cautious demand hits tea prices in Kochi auctions
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Tea Prices in Kochi Auctions Tumble Amid Cautious Demand from Buyers
Economy

Tea Prices in Kochi Auctions Tumble Amid Cautious Demand from Buyers

Indianewsweek By Indianewsweek May 23, 2026 2 Min Read
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The CTC dust market in Kochi has experienced moderate yet cautious demand during recent tea auctions, with buyers demonstrating a strong emphasis on quality. Traders have noted that the ongoing market uncertainty, compounded by the closure of hotels and roadside eateries due to a shortage of LPG and labor, has adversely affected local tea sales in the auction market.

During Sale 21, good liquoring teas saw a decline of ₹1-2 per kg with some withdrawals noted. Medium teas also faced a decrease in demand, leading to additional withdrawals due to a lack of bids. The total quantity offered was 561,688 kg, yielding a sales percentage of 76%. The average price realization decreased by ₹2 per kg, settling at ₹155.55, compared to ₹157.88 in the previous week. According to auctioneers Forbes, Ewart & Figgis, blenders collectively accounted for 71% of the total CTC quantity sold.

In the orthodox dust segment, the market also faced a downturn; primary grades remained firm while secondary teas remained unsold. Anil George, President of the Tea Trade Association of Cochin, indicated that the orthodox market remained robust, bolstered by strong demand for well-crafted whole leaf teas. Active participation from buyers in the Middle East and CIS regions contributed to a healthy sales performance.

The auctioneers reported that the overall weighted average for the auction declined in comparison to the previous week, chiefly due to a higher proportion of low-medium and secondary teas sold. A total of 176,993 kg was offered, achieving a sales percentage of 94%. The average price realization fell by ₹6 per kg to ₹178.44. While the market for whole leaf and brokens remained firm to dearer, other segments experienced irregularity and declines. Support from CIS nations and neighboring markets was valuable, alongside fair inquiry levels from the Middle East.

Published on May 22, 2026.

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