Agri Business

Volume hits all-time high at Coonoor tea auction

P.S. Sundar Coonoor | Updated on November 03, 2011

tea

A volume of 16.68 lakh kg has been offered for Sale No: 44 of Coonoor Tea Trade Association auctions concluding on Friday, reveals an analysis of brokers' listing.

This is the highest volume of the last 14 weeks. It is some 2.95 lakh kg more than last week's offer and as much as 3.89 lakh kg more than the offer this time last year.

Of the 16.68 lakh kg on offer, 11.67 lakh kg belongs to the leaf grades and 5.01 lakh kg belongs to the dust grades. As much as 15.76 lakh kg belongs to CTC variety and only 0.92 lakh kg, orthodox variety. The proportion of orthodox teas continues to be low in both the leaf and dust grades.

Leaf

In the leaf counter, only 0.49 lakh kg belongs to orthodox while 11.18 lakh kg, CTC. Among the dusts, only 0.43 lakh kg belongs to orthodox while 4.58 lakh kg, CTC. n the 16.68 lakh kg, fresh teas account for 15.86 lakh kg. As much as 0.82 lakh kg comprises teas which had remained unsold in previous auctions. Last week, among CTC teas, Homedale Estate topped at Rs 138. Vigneshwar Estate got Rs 136, Shanthi Supreme Rs 130, Professor and Sree Tea Supreme Rs 127 each, Hittakkal Estate and Blue Monte Spatiality Rs 126 each. In all, 55 marks got Rs 100 and more.

Among orthodox teas from corporate sector, Chamraj got Rs 186, Curzon Rs 165, Kairbetta and Havukal Rs 160 each and Quinshola clonal Rs 151. In all, 36 marks got Rs 100 and more.

Published on November 03, 2011

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like