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Buying increases over 70% from less than 50% during Ukraine war at the southern centre.
With exporters scouting for tea from South India, the sales percentage in Kochi auctions, especially for orthodox leaf varieties are on the rise.
The sales percentage, which was below 50 per cent after the Russia-Ukraine conflict, has now gone up and hovering in the range of 70-75 per cent, traders said. They attribute the increase in sales to the Sri Lankan crisis, which has hit the availability of Orthodox leaves in the global market. This has facilitated overseas buyers to look at all available options. With reported power cuts and diesel shortage in the island nation, traders said the tea production there is likely to worsen in the coming weeks, which would be beneficial to South Indian teas.
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