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A volume of 12.37 lakh kg is being offered for Sale No: 15 of Coonoor Tea Trade Association auction to be held on Thursday and Friday. It is as much as 1.17 lakh kg more than last week’s offer.
Of this, 8.27 lakh kg belongs to leaf grades and 4.10 lakh kg to the dust grade. As much as 11.34 lakh kg belongs to CTC variety and only 1.03 lakh kg belongs to orthodox variety.
In the leaf counter, only 56,000 kg belongs to orthodox while 7.71 lakh kg to CTC. Among the dusts, only 47,000 kg belongs to orthodox while 3.63 lakh kg belongs to CTC.
Homedale Estate was the only factory to enter the high-price bracket of ₹200/kg topping both Leaf and Dust auctions last week. Its Pekoe Dust grade, auctioned by Global Tea Brokers, topped the entire CTC market and Dust auctions when PS Tea Industries bought it for ₹217. Its Broken Pekoe grade topped Leaf market at ₹216. Its Broken Orange Pekoe Fannings (₹208) and Broken Orange Pekoe Small (₹202), all auctioned by Global Tea Brokers, were the only other grades to cross ₹200.
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