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As there were no takers for nearly 27.5 per cent of the 16.72 lakh kg offered for sale no 29 of Coonoor Tea Trade Association auctions despite shedding prices by Rs 3 a kg, teas worth Rs 2.64 crore remained unsold
“Some invoices of orthodox leaf were withdrawn despite shedding Rs 2-3 a kg. Better liquoring CTC leaf lost Rs 2-4, mediums Rs 2-3 and plainers suffered withdrawal even after shedding Rs 1-2. Some cleaner, smaller, blacker types, however, managed to fetch Rs 1-3 more.
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