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Agri-Biz & Commodities - Tea
Higher volume on offer at Coonoor tea sale

P.S. Sundar

Coonoor, Sept. 19 An increased volume of 11.17 lakh kg has been catalogued for the auctions of the Coonoor Tea Trade Association to be held here tomorrow and Friday.

This is the highest volume of the last eight weeks except for the auction that took place on August 9 with 11.8 lakh kg. This week’s offer is 76,000 kg more than the offer of last week.

The increased volume is because of increased arrivals due to the favourable rains in many fields.

Some volumes of teas which had not been sold in the previous auctions have also been re-catalogued.

An analysis of information from brokers indicate the fresh offer to the tune of 9.67 lakh kg and the re-prints, 1.44 lakh kg.

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