The encouraging trend seen at the opening auction this year at the Coonoor Tea Trade Association last week continued in Sale No: 2 with 82 per cent of the 16.91 lakh kg on offer being bought despite prices rising by a rupee a kg on the average.
Broken Orange Pekoe Fannings grade of Homedale Estate tea, auctioned by Global Tea Brokers, topped the CTC leaf market at ₹214. In all, 10 CTC grades fetched ₹200 and more per kg and 109 marks ₹125 and more.
Kairbetta topped orthodox market at ₹265 a kg, followed by Kodanad at ₹252, Havukal and Glendale at ₹240 each, Chamraj ₹232, Highfield Estate ₹226 and Coonoor Tea ₹207. In all, 42 marks got ₹125 and more per kg.
Quotations held by brokers indicated bids ranging ₹40-44 a kg for plain leaf grades and ₹90-160 for brighter liquoring sorts. They ranged ₹45-54 for plain dusts and ₹110-190 for brighter liquoring dusts. There were some purchases for Pakistan at ₹55-66 a kg and for CIS at ₹55-115.