The Hindu Business Line : Higher volumes on offer at Coonoor tea auctions

Coonoor, May 14 Offers continue to rise for the auctions of Coonoor Tea Trade Association (CTTA) with the brokers’ catalogues for sale no: 20 to take place on Thursday and Friday, showing a volume larger-than-average sale in an auction in the last two years.

In all, 13.11 lakh kg have been catalogued. This is 15,000 kg more than last week.

The volume is as much as 110 per cent more than the 6.23 lakh kg offered this time last year.

Fresh arrivals account for 11.76 lakh kg out of the offer of 13.11 lakh kg. The balance comprises teas unsold in previous auctions. Fresh arrivals are rising because of the favourable rains, which have activated the growth in tea bushes.

According to the UPASI Tea Research Foundation, the cumulative rainfall till April in all agro-climatic zones in Nilgiris had been more than last year as also the decennial average. In April, tea production in its member estates in Nilgiris increased by 52.7 per cent over April 2007.

Orthodox teas

Of the 13.11 lakh kg on offer, as much as 8.95 lakh kg belong to the leaf grades and 4.16 lakh kg belong to the dust grades.

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