The Tea Board has said that 58.71 per cent of the teas offered through the first pan-India e-auction in different auction centres on Thursday were sold out.
“Both corporate and small buyers participated in the auction. For the first time, Darjeeling tea was sold through e-auction fetching an average price of ₹404. 33 a kg,” the Board said.
An analysis of the data available with the Tea Board shows that Coonoor topped with 92.46 per cent sale followed by the first portion of Kolkata 73.15 per cent, Guwahati 63.07 per cent, second portion of Kolkata 49.70 per cent, Kochi 42.85 per cent and Siliguri 8.24 per cent.
Kolkata second topped in the average price fetching ₹404.33 a kg (previous week: ₹379.35), followed by Kolkata first ₹169.60 (164.13), Guwahati ₹137.55 (151.09), Siliguri ₹117.44 (145.44), Kochi ₹116.90 (113.90) and Coonoor ₹97.29 (98.26).
This meant that the average price for all auction centres put together was ₹135.75, down from ₹145.20 in the previous week.
In all, 1.74 million kg was sold through the first pan-India e-auction.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.