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For the third consecutive week, following lower supplies, average prices rose at Coonoor Tea Trade Association auctions. At Sale No: 15, average prices rose marginally to ₹94.93 from previous week’s ₹94.80 a kg. In all, 92 per cent of the offer was sold. In the CTC Dust tea auction, Homedale Estate’s Red Dust, auctioned by Global Tea Brokers, topped when TRP Tea and Commodities bought it for ₹216. It was also the highest price in the entire CTC market. Vigneshwar Speciality Pekoe Dust, auctioned by Paramount Tea Marketing, came second when TRP Tea and Commodities bought it for ₹200. In the CTC Leaf tea auction, Homedale Estate’s Broken Orange Pekoe Fannings, auctioned by Global Tea Brokers, topped fetching ₹200. These were the only three grades which fetched ₹200 and more this week. In the orthodox market, Kodanad topped at ₹245 a kg followed by Havukal ₹237, Kairbetta ₹227 and Chamraj ₹220.
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