• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy
• Books

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

P.S. Sundar

Coonoor, Jan. 13 Prices generally declined by Rs 2 a kg at sale No: 2 of the auctions of Coonoor Tea Trade Association (CTTA) when demand was less forceful at high-bids to absorb the four week-high volume of 14.68 lakh kgs on offer. Buyers attributed the prolonged truckers strike to their holding fewer orders on hand.

Quality invoices, however, continued to fetch impressive prices. Homedale Estate, auctioned by Global Tea Brokers, fetched Rs 126 a kg for its RD grade, which is the highest price the factory has ever received since its inception. Its three more marks also fetched more than Rs 100 a kg. Darmona Estate, auctioned by J Thomas and Co, got the sale’s highest price of Rs 132. Its five more marks remained in Rs 100 price band.

Among other CTC teas from bought-leaf factories in the Rs 100 price band were four marks of Professor (highest price Rs 115), three marks of Vigneshwar Estate (Rs 116), Hittakkal Estate (Rs 116) and Green View Estate (Rs 118), two marks of Shanthi Supreme (Rs 123), Ella Estate (Rs 114), Kannavarai Estate (Rs 113), Highfield Estate Special (Rs 110), Aroma Estate (Rs 109) and Garswood Estate (Rs 107). In all, 46 marks entered this level.

More Stories on : Tea

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line