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A volume of 13.34 lakh kg is being offered for Sale No: 51 of Coonoor Tea Trade Association auction to be held on Thursday and Friday.
This is less than last week’s offer and the lowest volume in six months.
Of this, a volume of 9.03 lakh kg belongs to the leaf grades and 4.31 lakh kg belongs to the dust grades.
As much as 12.42 lakh kg belongs to CTC variety and only 0.92 lakh kg, orthodox variety. In the leaf counter, only 42,000 kg belongs to orthodox while 8.61lakh kg, CTC. Among the dusts, only 50,000 kg belongs to orthodox while 3.81 lakh kg, CTC.
With substantial volumes remaining unsold in previous auctions, as much as 1.42 lakh kg of such teas are being re-offered this week.
Among CTC teas last week, only Homedale Estate tea, auctioned by Global Tea Brokers, crossed ₹200-a-kg-mark when Badusha Tea Company bought it for ₹201 a kg.
Vigneshwar Estate got ₹192, Deepika Supreme, Shanthi Supreme and Hittakkal Estate ₹188 each.
In all, 88 marks got ₹125 and more per kg.
Chamraj topped the Orthodox market at ₹248 a kg, followed by Kairbetta ₹234, Kodanad ₹228, Havukal ₹224, Craigmore ₹211, and Devashola ₹200.
In all, 84 marks got ₹125 and more per kg.
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