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About 90 per cent of the offer at Sale No: 51 of Coonoor Tea Trade Association (CTTA) was sold out because of increased winter demand from upcountry buyers and select exporters.
Homedale Estate created a new price record when its Broken Pekoe, auctioned by Global Tea Brokers, was bought by Belmount Tea and Produce Co. for ₹282 a kg. This was the highest price fetched by any CTC tea, leaf or dust, by any factory in this sale.
Darmona Estate leaf tea, auctioned by J Thomas and Co., followed at ₹271.
In the CTC Dust auction, Homedale Estate tea, auctioned by Global tea Brokers, topped at ₹261.
In the orthodox market, Chamraj topped at ₹300 a kg. This was also the highest price of all the teas sold in this auction.
In the orthodox Dust tea auction, Kodanad topped at ₹256. Kairbetta and Prammas followed at ₹241 and ₹204. All others got less than ₹200/kg.
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