Business Daily from THE HINDU group of publications Friday, May 04, 2007 ePaper |
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Agri-Biz & Commodities
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Tea Low volumes on offer at Coonoor tea auction P.S. Sundar
Coonoor May 3 A low volume of 7.39 lakh kgs has been catalogued for Sale No: 18 of the Coonoor Tea Trade Association (CTTA) here this week. This is marginally higher than the volume of 7.17 lakh kgs offered last week. Barring that, this is the lowest volume of the last six weeks. In the corresponding sale of last year, as much as 10.87 lakh kgs had been offered. That time, the leaf supply alone totalled 7.52 lakh kgs - that is, more than the combined total of leaf and dust on offer now. Of the 7.39 lakh kgs, as much as 5.14 lakh kgs belong to the leaf grades and only 2.25 lakh kgs dust grade. Again, as much as 6.70 lakh kgs belong to the CTC variety and only 0.69 lakh kgs, orthodox variety. The proportion of orthodox continues to be low in respect of both the leaf and dust grades. In the leaf category, only 0.34 lakh kgs belong to the orthodox while 4.80 lakh kgs belong to the CTC variety. In the dust category, only 0.35 lakh kgs belong to the orthodox variety and only 6.70 lakh kgs belong to the CTC variety.
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