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A volume of 12.54 lakh kg, some 60,000 kg more than last week, is being offered for Sale No: 16 of Coonoor Tea Trade Association to be held on Thursday and Friday.
Of this, a volume of 8.34 lakh kg belongs to the leaf grades and 4.20 lakh kg belongs to the dust grades. As much as 11.48 lakh kg belongs to CTC variety and only 1.06 lakh kg, orthodox variety. A volume of 2.01 lakh kg of teas unsold in previous weeks is being re-offered this week.
In the Leaf auction last week, Hindustan Unilever Ltd and Godfrey Philips India Ltd bought medium varieties. Indcoserve showed some interest on smaller grades. Exporters chose mostly plainer grades.
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