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The rising trend in the arrival of tea for Coonoor Tea Trade Association auctions continues this week with a volume of 18.87 lakh kg being offered at Sale No: 26 to take place on Thursday and Friday, reveals an analysis of the brokers’ listings.
It is the second highest offer this year after 19 lakh kg offered on January 10. It is some 64,000 kg more than last week’s offer but about 2.28 lakh kg less than the offer this time last year.
Of the 18.87 lakh kg on offer, 13.66 lakh kg belongs to the leaf grades and 5.21 lakh kg belongs to the dust grades. As much as 17.95 lakh kg belongs to CTC variety and only 0.92 lakh kg, orthodox variety. In the leaf counter, only 0.52 lakh kg belongs to orthodox while 13.14 lakh kg, CTC. Among the dusts, only 0.40 lakh kg belongs to orthodox while 4.81 lakh kg, CTC.
Of the 18.87 lakh kg coming up for sale, fresh tea accounts for 18.11 lakh kg. Only 76,000 kg comprises teas which had remained unsold in previous auctions.
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