Comments
As much as 90 per cent of the teas offered for sale at Sale 29 of the auctions of Coonoor Tea Trade Association was sold with the average prices crashing to a new low of ₹78.90 a kg. This was the lowest price in the past 12 months.
Among the bought leaf factories selling CTC teas, only Homedale Tea Factory could enter the high-price bracket of ₹200/kg. Its Super Red Dust, auctioned by Global Tea Brokers, topped the CTC market when Om Enterprises bought it for ₹221 a kg. Among the orthodox teas, Kodanad topped at ₹259 a kg followed by Kairbetta ₹236, Nonsuch Orthodox ₹227 and Chamraj ₹225.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.