Agri Business

92% of offerings at Coonor tea sale absorbed

P. S. Sundar Coonoor | Updated on September 25, 2011

Nearly 92 per cent of the 11.39 lakh kg offered at Sale No: 37 of Coonoor Tea Trade Association auctions was sold with prices rising by Rs 2 a kg.

“High-priced CTC leaf grades fetched up to Rs 3 more a kg, better mediums up to Rs 2 and cleaner blacker sorts, Rs 1-3. Orthodox leaf market was mixed but dust market, dearer up to Rs 3. High-priced CTC dusts fetched Rs 1-2 more and better medium sorts Rs 2-3 more,” an auctioneer told Business Line.

Among CTC teas, Homedale Estate, auctioned by Global Tea Brokers, topped at Rs 137. Vigneshwar Estate got Rs 135, Shanthi Supreme and Sree Tea Supreme Rs 134 each, Kannavarai Estate Rs 132. In all, 81 marks got Rs 100 and more.

Among orthodox teas from corporate sector, Chamraj got Rs 195, Curzon Rs 175, Kairbetta Rs 163, Havukal Rs 160, Highfield Estate Rs 155 and Quinshola clonal Rs 150.

Published on September 25, 2011

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