Agri Business

Coonoor tea prices rise

PS SUNDAR Coonoor | Updated on January 22, 2018 Published on December 07, 2015

As much as 91 per cent of the offer of 12.10 lakh kg was sold in Sale No: 49 of Coonoor Tea Trade Association auction despite the average price rising to ₹80.35 a kg from previous week’s ₹77.29, thanks to increased demand.

Vigneshwar Specialty Red Dust grade, auctioned by Paramount Tea Marketing, topped the Dust auction and the entire CTC market when Sree Sai Corporation bought it for ₹231 a kg.

Kairbetta topped orthodox market fetching ₹244 a kg, followed by Kodanad ₹232 and Mailoor Estate Premium ₹200. In all, 48 marks got ₹125 and more.

Quotations held by brokers indicated bids ranging ₹40-48 a kg for plain leaf grades and ₹100-130 for brighter liquoring sorts. They ranged ₹58-65 for plain dusts and ₹110-175 for brighter liquoring dusts.

Published on December 07, 2015
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