Agri Business

Colder north keeps Coonoor tea hot

P. S. Sundar Coonoor | Updated on January 29, 2013

Tea leaves

Colder North kept Coonoor tea hot with about 88 per cent of the 15.03 lakh kg offered for Sale No: 4 of Coonoor Tea Trade Association (CTTA) auctions being bought despite prices rising by a rupee a kg.

Vigneshwar Estate tea topped the CTC market fetching Rs 172 a kg. Homedale Estate got Rs 165, Cross Hill Estate Rs 163, Hittakkal Estate 148, Deepika Supreme Rs 147 and Shanthi Supreme Rs 145. In all, 188 marks got Rs 100 and more.

Among orthodox teas from corporate sector, Chamraj got Rs 280, Highfield Estate Rs 185, Kodanad and Kairbetta Rs 180 each and Havukal Rs 172. In all, 36 marks got Rs 100 and more.

“Orthodox leaf market eased Rs 2-4 a kg. High-priced CTC leaf lost Rs 2-4 but better mediums and plainers gained Rs 2-3. Primary orthodox dust gained Rs 4-5, high-priced CTC dust was irregularly up and down by Rs 2-3, but others gained to Rs 2,” an auctioneer said.

Pakistan revived its purchases paying Rs 87-123 a kg. The CIS gave selective support at Rs 91-163.

Quotations held by brokers indicated bids ranging Rs 90-94 for plain leaf grades and Rs 110-140 for brighter liquoring sorts. They ranged Rs 84-88 for plain dusts and Rs 105-150 for brighter liquoring dusts.

Published on January 29, 2013

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