Commodities

30% Coonoor tea unsold

P S Sundar Coonoor | Updated on January 15, 2018

BL26-TEA



As much as 30 per cent of the 13.12 lakh kg offered for Sale No: 16 of Coonoor Tea Trade Association (CTTA) auctions remained unsold despite the average price falling to ₹101.21 a kg -the lowest so far in calendar 2017-following inadequate demand. Homedale Estate’s Pekoe Dust, auctioned by Global Tea Brokers topped the Dust auctions and the entire CTC market when Shreeji Traders bought it for ₹213 per kg.

Published on April 25, 2017

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