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.
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.