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P.S. Sundar

It can bring about a rise in price if the demand increases

Coonoor May 10 The falling trend in the arrival of crop for the auctions of the Coonoor Tea Trade Association (CTTA) continues this week with the catalogue showing low listings. In all, only 6.47 lakh kg have been catalogued for the sale to take place on Thursday and Friday.

This is the third lowest volume among all the 19 auctions so far in 2007. In the corresponding sale of last year, a higher volume of 11.33 lakh kg had been offered. That time, the leaf grades alone totalled 7.76 lakh kg — more than the combined volume of leaf and dust offered now.

Orthodox Variety

Of the 6.47 lakh kg on offer, as much as 4.49 lakh kg belong to the leaf category and only 1.98 lakh kg is dust category. Again, as much as 5.69 lakh kg belong to the CTC variety and only 0.78 lakh kg, orthodox variety.

The proportion of orthodox continues to be low among both the leaf and dust categories. In the leaf, only 0.32 lakh kg belong to orthodox, while 4.17 lakh kg is CTC. In the dust category, only 0.46 lakh kg belong to orthodox while 1.52 lakh kg is CTC.

The low volume can bring about a rise in price if the demand increases proportionately.

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