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Producers and traders who operated through the auction of Coonoor Tea Trade Association that ended on Friday have earned 1.84 per cent more than last week.
This has happened despite prices falling, because of increased volume being sold, reveals an analysis of the Market Reports.
Prices dropped to an average of Rs 92.24 a kg from Rs 93.27 last week.
This helped volumes rise to 9.61 lakh kg from 9.33 lakh kg.
Consequently, the overall turnover increased to Rs 8.86 crore from Rs 8.70 crore.
This increase of Rs 16 lakh in one week marked a growth of 1.84 per cent.
This is the highest turnover to be fetched here in several weeks.
The average price of leaf grades dropped to Rs 92.34 a kg from Rs 93.71. The average price of dust grades fell to Rs 91.87 from Rs 92.34.
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