Nearly 97 per cent of the offer for Sale No 31 of the auctions of the Coonoor Tea Trade Association was sold despite the average price rising to an all-time high level ₹146.38 a kg because of increased demand from upcountry buyers.
Floods in Assam and West Bengal, as also the relaxation of lockdown in some States, helped the prices rise.
The Coonoor-based bought leaf factory Homedale Tea Factory topped the auctions this week when its Pekoe Dust grade, auctioned by Global Tea Brokers, was bought by Nishanthi Traders for ₹303 a kg.
The Super Red Dust grade of Homedale Estate, auctioned by Global Tea Brokers, followed at ₹266 a kg.
These two grades surpassed the prices fetched by any other tea, CTC or orthodox from any factory, corporate or bought leaf.
Among other CTC teas, Lakshmi Estate got ₹251, Crosshill Estate Special and Pinewood Estate ₹250 each, Vigneshwar Estate ₹225, Deepika Supreme ₹220, Kannavarai Estate ₹216, Bellati Estate ₹213, Palmera Estate ₹212, Shanthi Supreme ₹208, Riverside Estate ₹206, Professor Super fine ₹202 and Shri and Seyons Estate Tea ₹201.
Among the orthodox teas, Kodanad got ₹258, Kairbetta ₹246, Glendale ₹240, Kil Kotagiri ₹231, Lockhart Gold ₹223, Havukal and Nonsuch Orthodox ₹222 each, Devashola ₹21 and Robroy Estate ₹200.
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