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A volume of 12.20 lakh kg has been catalogued for Sale No: 45 of Coonoor Tea Trade Association auctions to be held on Thursday and Friday in the pre-Diwali holiday season, reveals our analysis of brokers’ listing.
It is the lowest volume of the last eight weeks. It is as much as 1.04 lakh kg less than last week’s offer and about 53,000 kg less than the offer this time last year.
Of the 12.20 lakh kg on offer, 8.99 lakh kg belongs to the leaf grades and 3.21 lakh kg belongs to the dust grades. As much as 11.52 lakh kg belongs to CTC variety and only 0.68 lakh kg, orthodox variety. In the leaf counter, only 0.48 lakh kg belongs to orthodox while 8.51 lakh kg, CTC. Among the dusts, only 0.20 lakh kg belongs to orthodox while 3.01 lakh kg, CTC.
Fresh tea accounts for 11.08 lakh kg. As much as 1.12 lakh kg comprises teas which had remained unsold in previous auctions.
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