Agri Business

23% tea unsold at Coonoor sale

PS SUNDAR Coonoor | Updated on January 23, 2018 Published on August 11, 2015

Nearly 23 per cent teas, worth ₹2.88 crore, of the 17.61 lakh kg on offer at Sale No: 32 of Coonoor Tea Trade Association auctions remained unsold.

The Pekoe Dust grade of Homedale Estate, auctioned by Global Tea Brokers, topped the Dust tea auction and CTC market when Jay Kay Enterprises bought it for ₹203 a kg.

Darmona Estate’s Super Fine Dust came next at ₹190.Homedale Estate topped CTC Leaf tea auction when its Broken Pekoe tea, auctioned by Global Tea Brokers, fetched ₹185.

In all, 37 marks got ₹125 and more.

Among orthodox teas from corporate sector, Kodanad topped at ₹256 a kg. Kairbetta got ₹235 a kg, Chamraj ₹223 and Havukal ₹221.

In all, 45 marks got ₹125 and more.

Quotations held by brokers indicated bids ranging ₹40-43 a kg for plain leaf grades and ₹100-124 for brighter liquoring sorts.

They ranged ₹40-50 for plain dusts and ₹110-175 for brighter liquoring dusts.

There was some purchase for Pakistan for ₹73-110 a kg.

Published on August 11, 2015
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