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When prices dropped to an average of ₹92.08 a kg at Sale No: 11 of Coonoor Tea Trade Association auctions from previous week’s ₹94.73, the absorption increased to 84 per cent of the offer from previous week’s 74 per cent resulting in a sale of 10.39 lakh kg against 9.07 lakh kg in the previous week. Vigneshwar Speciality Red Dust topped the Dust sale and the entire CTC market at ₹216 a kg. Homedale Estate’s Broken Pekoe topped the Leaf auctions at ₹199/kg. In the orthodox tea market, Kodanad topped at ₹251. Quotations held by brokers indicated bids ranging ₹62-70 per kg for plain leaf grades and ₹120-160 for brighter liquoring sorts. They ranged ₹82-87 for plain dusts and ₹130-170 for brighter liquoring dusts.
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