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As much as 15.32 lakh kg is being offered for Sale No 21 of Coonoor Tea Trade Association auctions to be conducted tomorrow and Friday, reveals an analysis of the listing by brokers.
This is the largest volume offered in 2011. It is some 20,000 kg more than last week's offer but about 10,000 kg less than the offer this time last year.
Of the 15.32 lakh kg on offer, 11.08 lakh kg belongs to the leaf grades and 4.24 lakh kg belongs to the dust grades. As much as 14.40 lakh kg belongs to CTC variety and only 0.92 lakh kg are of the orthodox variety.
The proportion of orthodox teas continues to be low in the leaf and dust grades.
In the leaf counter, only 0.43 lakh kg belongs to orthodox while 10.65 lakh kg are CTC. Among the dusts, only 0.49 lakh kg belongs to orthodox while 3.75 lakh kg, CTC.
In the 15.32 lakh kg, fresh teas account for 12.49 lakh kg. As much as 2.83 lakh kg comprises teas which had remained unsold in previous auctions.
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