Comments
Record prices were fetched at the special auction of The Golden Leaf India Award (TGLIA) contest teas held on Monday.
The auction was conducted at the UPASI Commodities Exchange Ltd (UCEL) portal which Tea Board Chairman M.G.V.K. Bhanu inaugurated at UPASI here.
Avataa tea of Bluegate Beverages Billimalai, auctioned by Paramount Tea Marketing, fetched the highest price of Rs 1,750 a kg in all the TGLIA auctions held so far. “Golden Tips Tea Co, Kolkata bought this tea which is preferred for its silvery hair, prominent buds, shiny bloom, high-liquoring merit and cup characteristics”, Bluegate Director G. Udayakumar told Business Line.
“Our Red Dust tea, auctioned by Paramount Tea Marketing, topped the CTC market when JK Enterprises bought for Rs 504 a kg. This is the highest price to be fetched by any CTC grade in any auction so far in India. Our Broken Orange Pekoe Large (RS 190), Broken Orange Pekoe (Rs 250)) and Broken Pekoe Small (Rs 253) fetched the highest price in their respective grades,” Vigneshwar Estate Tea Factory Managing Partner Ramesh Bhojarajan said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.