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As much as 21 per cent of the 4-week low offer of 14.23 lakh kg worth about Rs 1.75 crore offered for Sale No: 49 of Coonoor Tea Trade Association auctions remained unsold despite shedding Rs 2 a kg.
“Orthodox leaf lost Rs 2-3 a kg. CTC leaf market lost up to Rs 2 following a general low demand. Orthodox dusts showed irregular up and down movement of Rs 5-10. While high-priced CTC dusts gained Rs 2-3, plainers lost Rs 1-2,” an auctioneer told Business Line .
Among CTC teas, Homedale Estate, auctioned by Global Tea Brokers, topped at Rs 141 a kg. Vigneshwar Estate got Rs 138, Hittakkal Estate Rs 135, Shanthi Supreme Rs 134 and Blue Monte Speciality Rs 133. In all, 54 marks got Rs 100 and more.
Among orthodox teas from the corporate sector, Chamraj got Rs 183, Curzon (Rs 178), Tiger Hill clonal (Rs 166), Kairbetta (Rs 162), Highfield Estate (Rs 159) and Havukal (Rs 155). In all, 33 marks got Rs 100 and more.
On the export front, Pakistan bought in wide range – Rs 50-73 a kg and the CIS Rs 47-64.
Quotations held by brokers indicated bids ranging Rs 43-48 a kg for plain leaf grades and Rs 80-133 for brighter liquoring sorts. They ranged Rs 44-49 for plain dusts and Rs 85-138 for brighter liquoring dusts.
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