Some 72 per cent of the five-week high volume of 10.27 lakh kg offered for Sale No: 14 of Coonoor Tea Trade Association auctions was sold with prices remaining flat.

Homedale factory’s teas, auctioned by Global Tea Brokers, topped the CTC market when Paras Tea Co., bought it for Rs 192 a kg. Vigneshwar Estate got Rs 172, Cross Hill Estate Rs 171, Hittakkal Estate Rs 165 and Shanthi Supreme Rs 161. In all, 131 marks got Rs 125.

Among orthodox teas, Chamraj got Rs 260, Highfield Estate Rs 200, Kilkotagiri Rs 186 and Sutton Rs 180. In all, 40 marks got Rs 125. On the export front, Pakistan did not buy. The CIS bought in a wide range of Rs 83-104.

Quotations held by brokers indicated bids ranging Rs 85-89 for plain leaf grades and Rs 125-160 for brighter liquoring sorts.

They ranged Rs 99-101 for plain dusts and Rs 130-165 for brighter liquoring dusts.

(This article was published on April 7, 2013)
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