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Teas worth about Rs 4.20 crore remained unsold at Sale No: 26 of Coonoor Tea Trade Association auctions as there were no takers for about 24 per cent of the year’s highest offer of 21.14 lakh kg despite shedding prices by Rs 5 a kg.
Homedale Estate tea, auctioned by Global Tea Brokers, topped the CTC market at Rs 156 a kg. Vigneshwar Estate got Rs 137, Hittakkal Estate Rs 129, Blue Monte Estate and Waver Tree Rs 126 each.
In all, 92 marks got Rs 100 and more.
Among orthodox teas from the corporate sector, Chamraj got Rs 208, Havukal, Rs 167, Kairbetta Rs 163, Curzon Rs 155 and Corsley Rs 151. In all, 30 marks got Rs 100 and more.
“Orthodox leaf market eased Rs 2-5 a kg. High-priced CTC leaf lost Rs 4-5, better mediums Rs 2-4 and plainers up to Rs 5.
"Primary orthodox dusts eased Rs 5-10 and others, Rs 2-4. High-priced CTC dusts eased Rs 5-10, better mediums Rs 4-5 and plainers up to Rs 5-7,” an auctioneer told Business Line .
On the export front, Pakistan bought selectively for Rs 61-89 a kg and the CIS, Rs 66-76.
There was some purchase for European ports at Rs 71-85.
Quotations held by brokers indicated bids ranging Rs 60-64 a kg for plain leaf grades and Rs 100-130 for brighter liquoring sorts.
They ranged Rs 63-67 for plain dusts and Rs 105-127 for brighter liquoring dusts.
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