Comments
About 84 per cent of the 10-week high offer of 14.28 lakh kg at Sale No: 41 of Coonoor Tea Trade Association auctions was sold.
Homedale Estate tea, auctioned by Global Tea Brokers, topped the CTC market when Belmount Tea and Produce Co bought it for Rs 151 a kg. Vigneshwar Estate and Deepika Supreme got Rs 138 each, Blue Monte Speciality Rs 137 and Hittakkal Estate Rs 135.
In all, 81 marks got Rs 100 and more.
Among orthodox teas from corporate sector, Chamraj got Rs 201, Highfield Estate Rs 180, Kairbetta Rs 167, Havukal Rs 166, Corsley and Prammas Rs 150 each.
In all, 30 marks got Rs 100 and more.
“Orthodox leaf market eased Rs 2-4 a kg. High-priced and medium CTC leaf lost Rs 1-2 and plainers, Rs 2-4. Orthodox dusts fetched Rs 2-5 more. High-priced CTC dusts eased Rs 2-4 and others, Rs 1-2”, an auctioneer told Business Line.
exports
Export demand was weak with only skeletal purchase for Pakistan for Rs 80-87 a kg, the CIS Rs 73-87, African ports Rs 80-86 and European ports Rs 91-120.
Quotations held by brokers indicated bids ranging Rs 70-72 a kg for plain leaf grades and Rs 95-130 for brighter liquoring sorts.
They ranged Rs 76-82 for plain dusts and Rs 100-135 for brighter liquoring dusts.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.