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A volume of 10.74 lakh kg has been catalogued for Sale No: 5 of Coonoor Tea Trade Association auction to be held on Thursday and Friday.
This is the lowest volume so far in 2015. It is as much as 1.53 lakh kg less than last week’s offer.
Of this, 7.21 lakh kg belongs to leaf grades and 3.43 lakh kg, dust grade. As much as 9.94 lakh kg belongs to CTC variety and only 80,000 kg, orthodox variety.
In the leaf counter, only 34,000 kg belongs to orthodox while 6.97 lakh kg, CTC. Among the dusts, only 46,000 kg belongs to orthodox while 2.97 lakh kg, CTC.
Among corporate buyers in Leaf market, Hindustan Unilever Ltd (HUL) bought better medium grades. Duncans Tea Ltd showed some interest on good medium brokens. Godfrey Phillips India was selective on medium brokens and fannings.
In the Dust market, Indcoserve was fairly active on medium smaller grades.
There was fair enquiry from exporters for medium and plainer teas. There was good demand for brighter liquoring teas from upcountry buyers.
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