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Our Bureau

Coimbatore June 5 The volumes on offer at the weekly tea auction conducted at the Tea Trade Association of Coimbatore increased from just over four lakh kg the previous week to 6.20 lakh kg on Friday, with leaf grades accounting for 2.10 lakh kg.

Market sources said the demand was fair, albeit at lower levels.

The orthodox leaf grades registered fair demand. This was despite shippers to CIS countries operating with less strength and the major blender remaining silent.

Internal enquiry was limited to whole leaf grades and prices slipped by Rs 2-3 a kg with some withdrawals.

Internal buyers and few exporters were active on orthodox dust, which also eased in value by up to Rs 2 a kg with some withdrawals.

Exporters active

HLL operated on medium quality CTC leaf grades selectively. Exporters were active on larger, bolder grades and larger brokens. Internal demand was selective.

There was fair demand for CTC dust at lower levels. High-priced, good liquoring sorts were irregular, quoting easier by Re 1-Rs 2 with some withdrawals.

The orthodox high grown was quoting in the Rs 53-72 price band, while the best CTC dust grades ranged between Rs 58 and Rs 65.

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