Commodities

About 26% Coonoor tea unsold

P S Sundar Coonoor | Updated on January 11, 2018

BL02-TEA



As much as 26 per cent of the 15.52 lakh kg offered for Sale No 17 of Coonoor Tea Trade Association auctions remained unsold despite the average price falling to ₹93.04 a kg-the lowest so far in calendar 2017-following inadequate demand. Darmona Estate’s Broken Orange Pekoe, auctioned by J Thomas and Co P Ltd., topped not only the Leaf auction but the entire CTC market fetching ` 236. Homedale Estate’s Broken Orange Pekoe, auctioned by Global Tea Brokers, followed it at ₹218.

Published on May 01, 2017

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