Comments
The demand continued to be weak at Coonoor Tea Trade Association auctions forcing prices to crash to an average of ₹63.31 a kg at Sale No: 45 from ₹63.80 in the previous week.
This was the lowest price in 12 weeks. Nevertheless, teas worth ₹3.08 crore remained unsold because there were no takers for as much as 33 per cent of the offer.
Among CTC teas, Vigneshwar Estate topped with ₹184 a kg followed by Homedale Estate and Shanthi Supreme ₹183 each, Navilkal Estate ₹181 and Crosshill Estate ₹180. In all, 28 marks got ₹125 and more.
Kodanad, Kairbetta, Havukal topped the Orthodox market at ₹218 each, followed by Chamraj ₹215 and Highfield Estate ₹172. In all, 38 marks got ₹125 and more.
Quotations held by brokers indicated bids ranging ₹40-46 a kg for plain leaf grades and ₹90-120 for brighter liquoring sorts. They ranged ₹42-49 for plain dusts and ₹120-175 for brighter liquoring dusts.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.