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P.S. Sundar

Coonoor, Sept. 18 Prices continued to decline at Sale No: 37 of the Coonoor Tea Trade Association (CTTA) last weekend with the excess volume of 40,000 kg over the previous week finding it hard to fetch buyers.

“Browner teas lost much more. Brokens and fannings among the orthodox leaf lost due to irregular bids. Secondary orthodox teas eased Rs 3. Here again, fair amount went unsold. Choppy and powdery sorts did not find buyers,” an auctioneer told Business Line.

Among the corporate buyers, Hindustan Unilever Ltd showed interest on good medium sorts. Girnar and JV Gokal operated on the broken orthodox leaf. On the export front, Pakistan picked up blacker well made sorts from around Rs 38-40 a kg.

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