May 27, 2024


Imagination at work

Volume comes down at Coonoor tea auction

A quantity of twenty.03 lakh kg has been catalogued for Sale 31 of the auctions of Coonoor Tea Trade Association to be held on Thursday and Friday.

This is as a great deal as one.41 lakh kg fewer than the give for very last week’s auction.

Of the 18.sixty one lakh kg offered, as a great deal as 17.fifty two lakh kg belongs to CTC range and only one.09 lakh kg to Orthodox range. In the leaf counter, only seventy three,000 kg belongs to Orthodox, although thirteen.24 lakh kg, CTC. Among the the dusts, only 36,000 kg belongs to Orthodox, although four.28 lakh kg, CTC. In all, thirteen.ninety seven lakh kg belongs to Leaf grades and four.sixty four lakh kg, Dust grades.

Among the CTC teas from acquired leaf factories, Damaged Orange Pekoe of Homedale Estate, auctioned by Worldwide Tea Brokers, topped very last 7 days when Santhosh Tea Industries P Ltd acquired it for ₹294 a kg. Pinewood Estate followed at ₹236, Crosshill Estate, Kannavarai and Vigneshwar Estate ₹222 every single, Lakshmi Estate ₹221, Bellati Estate ₹220, Palmera Estate ₹217, Hittakkal estate ₹211 and Riverside Estate and Shanthi Supreme ₹201 every single.

Quotations with the brokers indicated ₹97-115 a kg for basic Leaf grades and ₹185-236 for the best grades. For basic Dust grades, they ranged ₹100-one hundred ten and for the best grades, ₹170-two hundred.