Business Daily from THE HINDU group of publications Friday, Mar 30, 2007 ePaper |
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Agri-Biz & Commodities
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Tea Coonoor tea sale offers at 10-week high P.S. Sundar
Coonoor March 29 A volume of 10.28 lakh kg has been catalogued for the Sale No: 13 to be held by the Coonoor Tea Trade Association (CTTA) here this week. This is almost double the volume offered last week. Since a substantial portion of the teas in the previous weeks had gone unsold, some portion of this unsold volume is coming up for sale this week. That apart, the harvest had picked up in many pockets of the Nilgiris following rains, which had partially offset the intensity of the frost bite of the last two months. This is the highest volume offered in the last 10 weeks. It is about 3 lakh kg more than the volume offered in the corresponding sale last year. Of the 10.28-lakh kg now on offer, as much as 7.23 lakh kg belong to the leaf grades and the remaining belong to dust grades. Again, as much as 9.44 lakh kg belong to CTC variety
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