Agri Business

Coonoor tea turnover rises to 14-week high

Our Correspondent Coonoor | Updated on May 28, 2013 Published on May 28, 2013

Last week’s turnover at the Coonoor Tea Trade Association auctions has risen to the highest level in 14 weeks, reveals our analysis of the market reports.

The volume sold 12.27 lakh kg was the same as last week but the average price rose to Rs 92.45 a kg from Rs 91.50.

Consequently, the turnover increased to Rs 11.34 crore from Rs 11.23 crore . This was the highest turnover earned since February 15. Prices rose because of increased demand from exporters.

Published on May 28, 2013
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