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For the third consecutive week, buoyancy prevailed at Coonoor Tea Trade Association auctions here this weekend with as much as 95 per cent of the year's lowest volume of 8.75 lakh kg offered for Sale No: 21 being sold at Rs 3 a kg more.
Homedale Estate tea, auctioned by Global Tea Brokers, topped the CTC market at Rs 162 a kg. Hittakkal Estate and Vigneshwar Estate got Rs 159 each and Blue Monte speciality Rs 150. In all, 138 marks got Rs 100 and more.
Orthodox market
Among orthodox teas from corporate sector, Chamraj got Rs 235, Curzon Rs 185, Havukal Rs 180, Highfield Estate Rs 170, Kairbetta Rs 167, Tiger Hill clonal Rs 162 and Coarsely Rs 160. In all, 34 marks got Rs 100 and more.
“Whole leaf orthodox got up to Rs 2-5 a kg more. High-priced CTC leaf was dearer by Rs 2-3, better mediums Rs 1-3 and plainers as much as Rs 5-10. Primary orthodox dust, however, lost Rs 5-10. High-priced CTC dusts eased Rs 2-3, but plainers gained Rs 1-2”, an auctioneer told Business Line .
Exports
On the export front, Pakistan bought selectively in a wide range Rs 72-91 a kg and the CIS, Rs 66-73.
Quotations held by brokers indicated bids ranging Rs 63-66 a kg for plain leaf grades and Rs 95-163 for brighter liquoring sorts. They ranged Rs 76-79 for plain dusts and Rs 100-162 for brighter liquoring dusts.
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