About 86 per cent of the offer at Sale No: 12 of the auctions of Coonoor Tea Trade Association was sold, with the average price dropping to ₹101.65 a kg from last week’s ₹102.75.

Homedale Estate’s Red Dust CTC grade, auctioned by Global Tea Brokers, topped the auctions when GLT Enterprises bought it for ₹270 a kg.

This beat the price of even the export-oriented orthodox teas from corporate sector.

In the CTC Leaf tea auctions, Homedale Estate’s grade, auctioned by Global Tea Brokers, topped at ₹250.

Among orthodox teas, Kairbetta topped at ₹264 a kg followed by Kodanad ₹246, Chamraj ₹236, Havukal ₹210 and Mailoor ₹201.

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