Buoyancy continued to prevail at Coonoor Tea Trade Association auctions here this weekend with as much as 89 per cent of the 12-week high volume of 10.68 lakh kg offered for Sale No: 22 being sold.
Homedale Estate tea, auctioned by Global Tea Brokers, topped the CTC market at Rs 163 a kg. Vigneshwar Estate got Rs 159, Hittakkal Estate Rs 157 and Blue Monte speciality Rs 150. In all, 183 marks got Rs 100 and more.
Among orthodox teas from corporate sector, Pascoe's Woodlands got Rs 282, Curzon Rs 235, Chamraj Rs 234, Havukal Rs 180, Kairbetta Rs 166, Highfield Estate Rs 165 and Kodanad Rs 160. In all, 38 marks got Rs 100 and more.
“Orthodox leaf market eased Rs 2-4 a kg. High-priced CTC leaf lost Rs 2-4, while others, Rs 2-3. Primary orthodox dust, eased up to Rs 3. High-priced CTC dusts eased Rs 4-5 while others Rs 1-3”, an auctioneer told Business Line .
On the export front, Pakistan bought selectively in a wide range Rs 72-90 a kg and the CIS, Rs 64-79.
Quotations held by brokers indicated bids ranging Rs 67-70 a kg for plain leaf grades and Rs 120-160 for brighter liquoring sorts. They ranged Rs 75-78 for plain dusts and Rs 120-145 for brighter liquoring dusts.
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