Agri Business

Volume rises at Coonoor tea auction

P.S. Sundar Coonoor | Updated on November 15, 2017 Published on April 11, 2012

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A volume of 9.86 lakh kg will be offered for Sale No: 15 of the auctions of Coonoor Tea Trade Association to be held on Thursday and Friday, reveals an analysis of listing by brokers.

It is about 24,000 kg less than last week's offer and about 5.25 lakh kg less than the offer this time last year.

Of the 9.86 lakh kg on offer, 7.11 lakh kg belongs to the leaf grades and 2.75 lakh kg belongs to the dust grades.

As much as 9.20 lakh kg belongs to CTC variety and only 0.66 lakh kg, orthodox variety.

Last week, in the leaf market, HUL operated on good medium grades and Tata Global Beverages lent useful support. Godfrey Philips India was selective. Duncans Tea Ltd did not operate.

In the dust market, HUL and Tata Global Beverages showed interest on better medium sorts. Godfrey Philips was selective.

Published on April 11, 2012
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