Agri Business

Coonoor tea auction volume slips

P. S. Sundar Coonoor | Updated on February 06, 2013

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A volume of 14.02 lakh kg will be offered at Sale No: 6 of Coonoor Tea Trade Association auctions to be held on Thursday and Friday has risen, reveals an analysis of the brokers’ listing.

It is as much as 1.67 lakh kg less than last week’s offer but 1.28 lakh kg more than the offer this time last year.

Of the 14.02 lakh kg on offer, 10.41 lakh kg belongs to the leaf grades and 3.61 lakh kg belongs to the dust grades. As much as 13.30 lakh kg belongs to CTC variety and only 0.72 lakh kg, orthodox variety. In the leaf counter, only 0.43 lakh kg belongs to orthodox while 9.98 lakh kg, CTC. Among the dusts, only 0.29 lakh kg belongs to orthodox while 3.32 lakh kg, CTC.

Fresh tea accounts for 13.03 lakh kg while about 99,000 kg comprises teas which had remained unsold in previous auctions. Last week, Cross Hill Tea Factory fetched Rs 250 a kg for its Broken Pekoe leaf grade and Vigneshwar Tea Factory getched Rs 209 for its Broken Orange Pekoe Small leaf grade.

Published on February 06, 2013

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