In all, 87 per cent of the offer at Sale No: 22 of the auctions of Coonoor Tea Trade Association was sold with the average price crashing to ` 78.58 a kg – the lowest since Dec 8, 2017. Homedale Estate’s Red Dust, auctioned by Global Tea Brokers, topped the entire auction beating even the corporate orthodox teas when Pooja Trading Co bought it for ₹229 a kg. Homedale Estate’s Pekoe Dust, auctioned by Global Tea Brokers, followed at ₹223. In the CTC Leaf tea auctions, Darmona Estate tea, auctioned by J Thomas and Co., topped at ₹211. Among orthodox teas, Kodanad topped at ₹215 a kg. Teas from no other producer could cross ₹200/kg mark.

comment COMMENT NOW