Over 80 per cent of the year’s second highest tea offer of 20.91 lakh kg was sold (Sale No: 27) at the Coonoor Tea Trade Association auctions.
However, prices fell by about Rs 4 a kg.
Homedale Estate tea, auctioned by Global Tea Brokers, topped the CTC market. It fetched Rs 141 a kg.
Vigneshwar Estate and Shanthi Supreme were each able to get Rs 131. Professor traded at Rs 125 and Hittakkal Estate at Rs 124.
In all, 94 marks earned Rs 100 or more.
Orthodox teas
Among orthodox teas from the corporate sector, Chamraj sold at Rs 217 and Havukal at Rs 166. Curzon fetched Rs 165, and Kairbetta sold at Rs 164,
Highfield Estate sold at Rs 156 and Corsley at Rs 153.
In all, 34 marks fetched Rs 100 or more.
“The orthodox leaf market was irregular with prices oscillating by Rs 3-4 a kg both ways. Some high-grown brokens fetched Rs 5-10 or more.
“High-priced CTC leaf lost Rs 4-5, better mediums lost Rs 2-4 and plainers lost up to Rs 5. Primary orthodox dusts eased Rs 5-10 and others about Rs 1-3.
“High-priced CTC dusts eased Rs 4-5 and better mediums Rs 2-3. Plainers however oscillated Rs 2-4,” an auctioneer told Business Line .
Export market
On the export front, Pakistan bought selectively in the Rs 63-96 a kg range and the CIS countries in the Rs 62-111 range.
There was some purchase for European ports at Rs 74-89.
Quotations held by brokers indicated bids ranging from Rs 60-64 a kg for plain leaf grades and from Rs 100-130 for brighter liquoring sorts.
They ranged from Rs 63-67 for plain dusts and from Rs 105-127 for brighter liquoring dusts.
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