Commodities

About 25% Coonoor tea unsold

PS SUNDAR Coonoor | Updated on January 09, 2018 Published on November 27, 2017






As much as 25 per cent worth ₹3.64 crore of the offer at Sale No: 47 of the auctions of Coonoor Tea Trade Association remained unsold due to inadequate demand despite the average prices crashing to ₹75.90 a kg- the lowest of the last nine weeks. The Broken Orange Pekoe grade from Darmona Tea Factory, auctioned by J Thomas and Co., topped the leaf grade auction and the entire CTC market fetching ₹270 a kg. This was the fourth consecutive week of Darmona Tea topping the market. Homedale Estate’s two leaf grades, auctioned by Global Tea Brokers, followed at ₹222 and ₹221. In the CTC Dust tea auction, Homedale Estate’s Pekoe Dust, auctioned by Global Tea Brokers, topped at ₹232. Two other grades of Homedale Estate, auctioned by Global Tea Brokers, followed at ₹221 each. Among orthodox teas, Chamraj topped at ₹280 a kg followed by Kodanad at ₹230. All other teas got less than ₹200.

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Published on November 27, 2017
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