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Some 93 per cent of the six-week low offer of 17 lakh kg at Sale No: 30 of Coonoor Tea Trade Association auctions wass old with prices rising Rs 2 a kg over the previous week.
Homedale Estate tea, auctioned by Global Tea Brokers, topped the CTC market at Rs 155 a kg. Among orthodox teas from corporate sector, Chamraj got Rs 208.
“Whole leaf orthodox grades were dearer by Rs 2-3 a kg. CTC leaf market gained Rs 2-4. Orthodox leaf fetched up to Rs 4 more. High-priced CTC leaf was dearer by Rs 5-7, mediums Rs 1-3 and plainers Rs 4-5”, an auctioneer told Business Line .
On the export front, Pakistan bought in a wide range Rs 62-94 a kg and the CIS, Rs 60-75. There was some purchase for European ports at Rs 73-96.
Quotations held by brokers indicated bids ranging Rs 58-62 a kg for plain leaf grades and Rs 100-140 for brighter liquoring sorts. They ranged Rs 66-71 for plain dusts and Rs 100-145 for brighter liquoring dusts.
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