Agri Business

Chamraj tops Coonoor tea auction

P. S. Sundar Coonoor | Updated on June 22, 2013

The Orange Pekoe orthodox leaf grade of Chamraj Estate topped Sale No: 25 of Coonoor Tea Trade Association auctions fetching Rs 220 a kg.

“The future of orthodox tea depends on innovation such as Chamraj’s new 50-gm imported food-grade porcelain Toda-lifestyle memento containers of high-value tea which has become a favourite with corporates for presentations to their chosen contacts. The ‘porcelain elegance’ is the latest for discerning connoisseurs of tea. These high-elevation Nilgiri speciality teas are amenable for flavouring and a new range of flavoured teas will be launched soon”, UPASI’s past President D. Hegde told Business Line.

Homedale Estate tea, auctioned by Global Tea Brokers, topped CTC market when Vora Sons bought it for Rs 174.About 94 per cent of the year’s second highest offer of 18.23 lakh kg was sold with prices marginally gaining. Quotations held by brokers indicated bids ranging Rs 70-75 a kg for plain leaf grades and Rs 110-150 for brighter liquoring sorts. They ranged Rs 79-86 for plain dusts and Rs 120-160 for brighter liquoring dusts.

Published on June 22, 2013

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