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The rising trend witnessed in the offer for Coonoor Tea Trade Association auctions continues this week with the volume of 15.87 lakh kg for Sale No: 17 on Thursday and Friday to be the highest so far this calendar barring Sale No: 2 when the volume was 16.91 lakh kg. This week’s offer is as much as 1.82 lakh kg more than last week’s offer.
Of this, 10.93 lakh kg belongs to leaf grades and 4.94 lakh kg to the dust grade.
As much as 14.76 lakh kg belongs to CTC variety and only 1.11 lakh kg to orthodox variety.
Tata Global Beverages Ltd, chose good medium varieties. Indcoserve was fairly active on medium smaller grades.
There was fair enquiry from exporters for medium and plainer teas. Internal buyers were less active.
There was fair demand for brighter liquoring teas from upcountry buyers.
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