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A volume of 21.68 lakh kg has been catalogued for Sale No: 44 of Coonoor Tea Trade Association auction to be held on Thursday and Friday.
This is 4.16 lakh kg more than the offer of last week.
Of this, a volume of 14.31 lakh kg belongs to the leaf grades and 7.37 lakh kg belongs to the dust grades.
As much as 20.32 lakh kg belongs to CTC variety and only 1.36 lakh kg to the orthodox variety.
In the leaf counter, only 64,000 kg belongs to orthodox while 13.67 lakh kg, CTC.
Among the dusts, only 72,000 kg belongs to orthodox while 6.65 lakh kg, CTC.
With substantial volumes remaining unsold in previous auctions, as much as 3.46 lakh kg of such teas are being re-offered this week.
In the leaf auction last week, among corporate buyers, Hindustan Unilever Ltd bought good medium varieties. Duncans Tea Ltd was selective on the brokens.
Godfrey Philips India Ltd was selective on medium brokens. In the dust auction, HUL, operated on good medium smaller grades.
Duncans was selective on the good medium bolder dusts. Godfrey Philips showed some interest on medium smaller grades.
Indcoserve expressed interest for good medium smaller grades.
There was less demand for brighter liquoring teas from upcountry buyers.
Overall, internal buyers were less active. Exporter enquiry was weak and confined to plainer grades.
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