The Hindu Business Line : Higher volume on offer at Coonoor

An analysis of brokers' catalogues indicates that 15.5 lakh kg is being offered for Sale No: 47 of the auction of Coonoor Tea Trade Association (CTTA) to be held this week.This is the second highest volume offered so far in 2008. It is 1 lakh kg lower than the year's highest offer of last week. But, it is as much as 6.22 lakh kg more than the offer this time last year. Fresh arrivals account for 13.05 lakh kg of the 15.5 lakh kg on offer. The balance comprises teas remaining unsold in previous auctions. Of the 15.5 lakh kg on offer, 10.56 lakh kg belong to the leaf grades and 4.94 lakh kg belong to the dust grades. Again, as much as 14.71 lakh kg belong to CTC variety and only 0.79 lakh kg, orthodox variety.

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