Following low supplies, average prices rose to 10-week high of ₹97.51 a kg at Sale No: 19 of Coonoor Tea Trade Association (CTTA) auctions. In all, 95 per cent of the offer of 8 lakh kg was sold.
Vigneshwar Speciality Broken Orange Pekoe Fannings, auctioned by Paramount Tea Marketing, topped the leaf market and the entire CTTA auctions this week when Jay Kay Enterprises bought it for ₹278 a kg. Hittakkal Speciality’s Broken Orange Pekoe Fannings (₹266), auctioned by Paramount Tea Marketing, and Darmona Estate’s Broken Orange Pekoe Small (₹221) were the only other Leaf grades, among both CTC and orthodox teas, which fetched over ₹200/kg.
In the CTC Dust auction, Vigneshwar Speciality Pekoe Dust, auctioned by Paramount Tea Marketing, topped when MM Enterprises bought it for ₹260. Hittakkal Speciality’s Pekoe Dust (₹251), auctioned by Paramount Tea Marketing was the only other CTC Dust grade which fetched over ₹200/kg. In the orthodox market, Kodanad topped at ₹255 a kg followed by Kairbetta ₹215, Chamraj ₹228 and Havukal ₹214.
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