Commodities

About 84% Coonoor tea sold

PS Sundar Coonoor | Updated on August 19, 2019

About 84 per cent of the teas offered for sale at Sale No: 33 of the auctions of Coonoor Tea Trade Association was sold despite the average price rising by a rupee a kg to reach ₹81.37 a kg. Among the bought leaf factories selling CTC teas, only Homedale Tea Factory could enter the high-price bracket of ₹200/kg. Homedale Estate’s tea, auctioned by Global Tea Brokers, topped the entire CTC market when Om Enterprises bought it for ₹252 a kg. Among the orthodox teas, Kodanad topped at ₹270 a kg followed by Kairbetta ₹258 and Chamraj ₹222.

Published on August 19, 2019

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