Agri Business

87% tea sold at Coonoor auctions

P S SUNDAR Coonoor | Updated on September 18, 2018 Published on September 17, 2018

About 87 per cent of teas offered for Sale No: 37 of the auctions of Coonoor Tea Trade Association was sold despite the average prices rising to five-month high level of ₹95.97 a kg due to increased demand. Homedale Estate’s Red Dust tea, auctioned by Global Tea Brokers, topped the entire CTC auctions when JP Enterprises bought it for ₹247 a kg. Two more Dust grades of Homedale Estate, auctioned by Global Tea Brokers, followed at ₹243 and ₹241.

Published on September 17, 2018
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