3 grades of Homedale tea enter ₹300/kg bracket

PS Sundar Coonoor | Updated on March 02, 2020

Homedale Tea Factory topped the entire auctions of Coonoor Tea Trade Association at Sale 9 when its Pekoe Dust grade, auctioned by Global Tea Brokers, was bought by Shreeji Traders for ₹314 a kg.

Homedale Estate’s Red Dust grade, auctioned by Global Tea Brokers, followed at ₹304. In the Leaf tea auctions, Homedale Estate’s Broken Pekoe, auctioned by Global Tea Brokers, topped at ₹300. These were the only teas, orthodox or CTC from any factory, to enter ₹300/ kg bracket.

Homedale Estate’s Broken Orange Pekoe, auctioned by Global Tea Brokers fetched ₹281. Two grades of Pinewood Estate got ₹220 and ₹202 each while three grades of Vigneshwar Estate got ₹206, ₹ 205 and ₹203 each.

Homedale top price was nearly four times the average price. The highest price fetched by orthodox teas from corporate sector was ₹263 a kg by Kairbetta. Chamraj got ₹235 and Havukal ₹201.

Overall, teas worth ₹5.82 crore remained unsold as there were no takers for as much as 47 per cent of the offer.

Published on March 02, 2020

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