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A volume of 20.91 lakh kg will be offered for Sale No: 27 to be held on Thursday and Friday, reveals an analysis of brokers’ listing.
It is the second highest volume to be offered so far this year being just 23,000 kg less than the hitherto highest volume offered last week. It is as much as 4.08 lakh kg more than the offer this time last year.
Of the 20.91 lakh kg on offer, 15.56 lakh kg belongs to the leaf grades and 5.35 lakh kg belongs to the dust grades. As much as 19.67 lakh kg belongs to CTC variety and only 1.24 lakh kg, orthodox variety. The proportion of orthodox teas continues to be low in both the leaf and dust grades. In the leaf counter, only 0.79 lakh kg belongs to orthodox while 14.77 lakh kg, CTC. Among the dusts, only 0.45 lakh kg belongs to orthodox while 4.90 lakh kg, CTC.
The substantial portion of this huge volume comprises fresh teas totalling 17.07 lakh kg. About 3.84 lakh kg comprises teas that had remained unsold in previous auctions.
The increased offer is due to Nilgiri harvest being high arising from periodical showers and the arrival of teas for the auctions from other districts fuelled by the encouraging prices of the last few weeks.
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