Agri Business

83% of offerings sold at Coonoor tea auctions

P. S. Sundar Coonoor | Updated on February 19, 2013

About 83 per cent of the 14.92 lakh kg offered for Sale No: 7 of Coonoor >Tea Trade Association (CTTA) auctions were sold.

For the second consecutive week, the oldest bought-leaf tea factory in Kotagiri region, Cross Hill Tea Factory, topped the CTC market with Broken Pekoe leaf grade fetched Rs 181 a kg – the highest among all leaf and dust grades of all CTC teas. Homedale Tea Factory tea, auctioned by Global Tea Brokers, also fetched the highest price of Rs 181 a kg in the CTC leaf auction. Vigneshwar Estate got Rs 166. In all, 67 marks got Rs 125 and more a kg.

Among orthodox teas, Chamraj got Rs 271 a kg, Highfield Estate Rs 231, Havukal Rs 181, Glendale Rs 175, Kairbetta and Corsley Rs 172 each, Prammas Rs 171 and Kodanad Rs 170. In all, 33 marks got Rs 100 and more.

Published on February 19, 2013

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