There will be no auction at Coonoor Tea Trade Association on Friday because of holiday for Vinayakar Chathurthi. Both leaf and dust auctions of Sale No: 35 will be held on Thursday.

The volume has fallen again – this time by 33,000 kg over last week to total 17.42 lakh kg.

Of this, 12.15 lakh kg belongs to the leaf grades and 5.27 lakh kg belongs to the dust grades. As much as 16.54 lakh kg belong to the CTC variety and only 88,000 kg to orthodox variety. The proportion of orthodox teas continues to be low in both grades. In the leaf counter, only 43,000 kg belong to orthodox while 11.72 lakh kg to CTC. Among the dusts, only 45,000 kg belong to orthodox while 4.82 lakh kg to CTC.

With substantial volumes remaining unsold in previous auctions, as much as 3.56 lakh kg of such teas are being re-offered this week.

In the leaf auction last week, among corporate buyers, Hindustan Unilever Ltd bought brighter liquoring varieties and orthodox Fannings. Tata Global Beverages Ltd was fairly active on good medium sorts. Duncans Tea Ltd operated on the good medium bolder brokens. Godfrey Philips India Ltd showed some interest on medium brokens. In the dust auction, HUL, was fairly active on good medium varieties and orthodox dusts. Duncans Tea selected some better mediums. Tata Global and did not operate. Indcoserve expressed interest for good medium smaller grades. There was good demand for brighter liquoring teas from upcountry buyers. Overall, internal buyers were less active. Exporters chose mostly plainer grades.

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