Agri Business

Record prices at Coonoor tea sale

PS SUNDAR Coonoor | Updated on January 23, 2018

New price records were set up at Sale No: 43 of Coonoor Tea Trade Association auctions.

“Vigneshwar Estate’s Speciality Broken Orange Pekoe Fannings, auctioned by Paramount Tea Marketing, topped the Leaf auctions as also the entire Crush-Tear-Curl (CTC) market when JK Enterprises bought it for ₹251a kg,” Paramount’s General Manager Ravichandran Broos told BusinessLine.

Vigneshwar Estate’s Speciality Pekoe Dust topped Dust auctions when PS Tea Industries bought it for ₹250.

Homedale Estate’s Red Dust fetched the next highest price of ₹200 in CTC market. Kairbetta topped orthodox market fetching ₹250.

Quotations held by brokers indicated bids ranging ₹40-48 a kg for plain leaf grades and ₹100-130 for brighter liquoring sorts. They ranged ₹57-66 for plain dusts and ₹110-175 for brighter liquoring dusts.

Published on October 26, 2015

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