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Nearly 88 per cent of the three-week low offer of 9.61 lakh kg was sold at sale No: 18 of Coonoor Tea Trade Association auctions.
Vigneshwar Specialty Tea, auctioned by Paramount Tea Marketing (SI) P Ltd, topped the CTC market at Rs 187 a kg. Homedale Estate got Rs 162, Shanthi Supreme and Kotagiri Estate Specialty Rs 150 each. In all, 106 marks got Rs 100 and more.
Among orthodox teas from the corporate sector, Chamraj got Rs 245, Curzon Rs 172, Havukal and Kairbetta Rs 166 each and Highfield Estate Rs 162
In all, 40 marks got Rs 100 and more.
“Orthodox leaf market was irregular oscillating up and down Rs 2-3 a kg. High-priced CTC leaf lost Rs 2-3 and mediums, up to Rs 2. Orthodox dust market oscillated up and down Rs 2-3. CTC dust market generally gained Rs 2-3”, an auctioneer told Business Line .
On the export front, Pakistan bought selectively for Rs 52-77 a kg and the CIS Rs 57-92.
Quotations held by brokers indicated bids ranging Rs 50-54 a kg for plain leaf grades and Rs 95-157 for brighter liquoring sorts. They ranged Rs 63-67 for plain dusts and Rs 90-162 for brighter liquoring dusts.
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