New records were created on price and volume fronts at Sale No: 26 of Coonoor Tea Trade Association auctions when 88 per cent of the 18.83 lakh kg on offer was sold.
“ We sold as much as 1,045 lots in a single session – the highest in 2015. This is for the second consecutive week and for the third time in the history of south Indian tea auctions that the sale volume exceeds 1,000 lots,” Ravichandran Broos, General Manager, Paramount Tea Marketing, told BusinessLine.
Broken Orange Pekoe Small grade of Hittakkal Speciality, auctioned by Paramount Tea Marketing, topped CTC market when Jay Kay Enterprises bought it for ₹244 a kg.
Chamraj topped the orthodox market from corporate sector fetching ₹250.
Quotations held by brokers indicated bids ranging ₹40-44 a kg for plain leaf grades and ₹100-145 for brighter liquoring sorts. They ranged ₹50-55 for plain dusts and ₹110-175 for brighter liquoring dusts.
There was some purchase for Pakistan in ₹45-81 a kg.