Kochi Tea auctions have started witnessing improved arrivals, thanks to a higher production in the high ranges due to favourable weather conditions.

This has reflected in the auction prices, which witnessed a declining trend.

The CTC dust market in sale no 24 opened Rs2 to Rs3 lower, as the sale progressed . The decline in price was more and witnessed lot of withdrawals. There was improved export enquiry at bottom levels,,the auctioneers Forbes, Ewart and Figgis said.

The quantity on offer in CTC dust was 10,36,824 kg, while the average price was down at Rs117.14/kg against Rs121.12/kg quoted in the previous week.