Business Daily from THE HINDU group of publications
Thursday, Aug 23, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Agri-Biz & Commodities - Tea
Higher volumes on offer at Coonoor tea auctions

P.S. Sundar

Coonoor, Aug. 22 Sale no:34 at the Coonoor Tea Trade Association (CTTA) on Thursday and Friday will see a rise in quantity at 10.15 lakh kgs due to increase in fresh arrivals together with unsold tea from previous auctions. This is 17,000 kgs more than the offer last week. It is 41,000 kgs lower than the offer in the corresponding sale of last year. As much as 7.28 lakh kgs belong to the leaf grades, while 2.87 lakh kgs belong to the dust grades on offer.

Mostly CTC

Again, as much as 9.44 lakh kgs belong to the CTC variety and only 0.71 lakh kgs, orthodox . The proportion of orthodox is low in both the leaf and dust categories. Among the leaf catalogues, only 0.33 lakh kgs belong to the orthodox even as the bulk – 6.95 lakh kgs – belong to the CTC. In the dust grade, only 0.38 lakh kgs belong to the orthodox while 2.49 lakh kgs belong to the CTC variety.

Auctioneers said prices could improve despite the increase in volume if the demand firms up.

The demand for the medium and plainer teas prevails at the bottom ranges only.

More Stories on : Tea

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



Stories in this Section
‘Aerobic method to raise paddy can provide benefits’


Icrisat develops cure for bollworm attack
Karnataka plans dredging of fisheries harbours
Areca growers seek Govt help for crop loss
Spot rubber prices turn weak
Tea shipments begin from Amingaon inland depot
Higher volumes on offer at Coonoor tea auctions
JK Agri’s new Bt cotton version likely by 2010
Healthy options
Pepper futures continue to decline
Small retailers organise dry fruit festival to counter malls
AP Cabinet clears way for sugar cos revamp


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, 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