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Nearly 88 per cent of the year's lowest offer of 9.62 lakh kg was sold at sale No: 14 of Coonoor Tea Trade Association auctions with prices declining by Rs 2 a kg.
Homedale Estate tea, auctioned by Global Tea Brokers, topped the CTC market at Rs 158 a kg. Vigneshwar Estate got Rs 154, Hittakkal Estate Rs 143 and Darmona Estate Rs 142. In all, 47 marks got Rs 100 and more.
Among orthodox teas from corporate sector, Chamraj got Rs 240, Curzon Rs 165, Kairbetta and Havukal Rs 163 each, Kodanad and Mailoor Rs 162 each. In all, 27 marks got Rs 100 and more.
“Orthodox leaf market lost Rs 2-5 a kg. High-priced CTC leaf lost up to Rs 5 and better mediums up to Rs 3. Primary orthodox dust eased Rs 5-10 range. High-priced CTC dust eased Rs 3-5, mediums Rs 2-3 and plainers, Rs 1-2”, an auctioneer told Business Line .
On the export front, Pakistan bought selectively for Rs 53-71 a kg and the CIS Rs 52-71.
Quotations held by brokers indicated bids ranging Rs 49-55 a kg for plain leaf grades and Rs 100-143 for brighter liquoring sorts. They ranged Rs 55-60 for plain dusts and Rs 90-155 for brighter liquoring dusts.
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