Commodities

85% Coonoor tea sold

P S Sundar Coonoor | Updated on January 09, 2018

About 85 per cent of 19.70 lakh kg on offer at Sale No: 34 of auctions of Coonoor Tea Trade Association sold with the average price falling to₹65.54 a kg from previous week’s ₹67.35.

Only three grades of Homedale Estate, auctioned by Global Tea Brokers, entered the high-price bracket of ₹200 a kg among the Crush-Tear-Curl (CTC) teas from small-scale sector called bought-leaf factories.

Of them, Homedale Pekoe Dust topped the Dust auction and the entire CTC market when Benniel and Co bought it for ₹247 a kg. Its Red Dust (₹216) and Super Red Dust ( ₹215) were the others to fetch high-price.

Among orthodox teas, Kodanad topped at ₹266 followed by Chamraj at ₹242.

Published on August 28, 2017

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