Agri Business

CTC tea of 3 factories fetches Rs 200/kg at Coonoor sale

P. S. Sundar Coonoor | Updated on February 04, 2013

tea leaves





New price records have been set at Sale No: 5 of Coonoor Tea Trade Association (CTTA) auctions.

For the first time, at one auction, CTC teas of three bought-leaf factories – Homedale, Cross Hill and Vigneshwar – crossed the Rs 200-a-kg mark.

“Our Broken Orange Pekoe Small leaf grade, auctioned by Global Tea Brokers, created a new record when Mittal Tea Company bought it for Rs 252 a kg. This is the highest price fetched by any CTC tea of any bought leaf factory in the 50 years of CTTA’s regular auctions,” Prasant Menon, Managing Partner, Homedale Tea Factory, told Business Line.

Closely following this, Cross Hill Tea Factory fetched Rs 250 for its Broken Pekoe leaf gradeAmong orthodox teas, Chamraj and Highfield Estate got Rs 250 each.

Published on February 04, 2013

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