For the second consecutive week, buoyancy prevailed at the Coonoor Tea Trade Association auctions here this weekend. Around 98 per cent of the year's second lowest volume of 8.80 lakh kg offered for Sale No: 20 was sold at Rs 3 a kg more.

Homedale Estate tea, auctioned by Global tea Brokers, topped the CTC market when Vishal Marketing Co bought it for Rs 167 a kg. In all, 113 marks got Rs 100 and more.

Among orthodox teas from corporate sector, Chamraj got Rs 240. Overall, 33 marks got Rs 100 and more.

“Whole leaf orthodox got up to Rs 3 a kg more. High-priced CTC leaf was dearer by Rs 2-4, better mediums Rs 5-7 and plainers Rs 3-5. Orthodox dust market was steady. Generally, strong demand prevailed in CTC dust market and unsold teas were less. High-priced dusts were dearer by Rs 4-6, better mediums Rs 4-7 and plainers Rs 3-5,” an auctioneer told Business Line .

On the export front, Pakistan bought selectively in a wide range Rs 75-98 a kg and the CIS Rs 62-79.

Quotations held by brokers indicated bids ranging Rs 56-60 a kg for plain leaf grades and Rs 95-163 for brighter liquoring sorts. They ranged Rs 72-75 for plain dusts and Rs 100-161 for brighter liquoring dusts.

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