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A total of 10 lakh kg is being offered for Sale No: 17 of the Coonoor Tea Trade Association to be held on Friday. This is as much as 1.93 lakh kg less than last week.
Of this, a volume of 6.93 lakh kg belongs to the leaf grades and 3.48 lakh kg belong to the dust grades. As much as 9.58 lakh kg belong to CTC variety and only 83,000 kg of the orthodox variety. In the leaf counter, only 41,000 kg will be orthodox, while 6.52 lakh kg will be CTC. Among the dusts, only 42,000 kg will be orthodox and the rest 3.06 lakh kg CTC.
About 1.76 lakh kg of teas unsold in previous weeks are being re-offered this week.
In the leaf auction last week, Hindustan Unilever Ltd bought medium varieties. Godfrey Philips India Ltd was selective. In the dust auction, HUL was selective. Indcoserve showed some interest in smaller grades.
There was only fair demand for brighter liquoring teas from upcountry buyers. Overall, internal buyers were less active. Exporters chose mostly plainer grades.
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