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.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.