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About 22 per cent of the three-week high offer of 13.90 lakh kg remained unsold at Sale No: 23 of Coonoor Tea Trade Association auctions due to inadequate demand.
Crosshill Estate topped the CTC market. “Our Red Dust topped at Rs 174 a kg. In all, our four marks have got Rs 155 and more,” Crosshill Operations Head Dinesh Raju told Business Line.
Homedale Estate tea, auctioned by Global Tea Brokers, topped the CTC leaf market at Rs 167 a kg.
Vigneshwar Estate got Rs 165, Hittakkal Estate Rs 162 and Kannavarai Estate Rs 159. In all, 44 CTC marks got Rs 125 and more.
Among orthodox teas, Chamraj got Rs 240, Highfield Estate Rs 181, Havukal, Kairbetta and Kodanad Rs 177 each. In all, 38 marks got Rs 125 and more.
“Whole-leaf orthodox was irregular while others lost Rs 1-3 a kg. Better medium CTC leaf lost Rs 1-2, while some plainers could not be sold even after shedding Rs 2-4. Primary orthodox dusts eased Rs 2-4 while others up to Rs 3. Better liquoring CTC dusts gained Rs 2-3 while mediums and plainers lost up to Rs 3,” an auctioneer said.
Quotations held by brokers indicated bids ranging Rs 73-80 a kg for plain leaf grades and Rs 110-150 for brighter liquoring sorts.
They ranged Rs 78-84 for plain dusts and Rs 120-160 for brighter liquoring dusts.
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