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Nearly 25 per cent of the 17.29 lakh kg offered at Sale No: 48 of Coonoor Tea Trade Association auction worth ₹2.67 crore remained unsold for want of buyers at the asking price. When the asking price was raised to an average of ₹63.33 a kg from last week’s ₹61.95, demand froze.
Among CTC teas, Vigneshwar Estate topped with ₹185 a kg followed by Deepika Supreme ₹184, Hittakkal Estate ₹177, Homedale ₹174 and Navilkal Estate ₹173. In all, 47 marks got ₹125 and more per kg.
Chamraj topped the Orthodox market at ₹238, followed by Glendale ₹235, Kairbetta ₹215 and Kodanad ₹213. In all, 35 marks got ₹125 and more per kg.
Quotations held by brokers indicated bids ranging ₹40-44 a kg for plain leaf grades and ₹90-145 for brighter liquoring sorts. They ranged ₹42-48 for plain dusts and ₹120-180 for brighter liquoring dusts.
The export purchase spread to plainer and medium bolder varieties. Pakistan bought in a wide range of ₹45 to ₹113 a kg.
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