Only 7.52 lakh kg was offered for Sale No: 20 of Coonoor Tea Trade Association (CTTA) auctions. It was the lowest volume offered so far in 2016.
Nearly 93 per cent of this offer was sold with average price falling to ₹96.62 a kg from ₹97.51 in the previous week.
Darmona Estate’s Pekoe Dust, auctioned by Paramount Tea Marketing, topped the Dust tea auction and the entire CTC market when Om Enterprises bought it for ₹201a kg. Darmona Estate’s Red Dust, auctioned by Paramount Tea Marketing, closely followed when Om Enterprises bought it for ₹200 per kg. These were the only grades which crossed the ₹200/kg mark.
Darmona Estate topped the Leaf tea auction also when its Broken Orange Pekoe fetched ₹171, closely followed by its Broken Orange Pekoe Fannings at ₹170.
In the orthodox market, Kodanad topped at ₹246 a kg followed by Havukal ₹219 and Karibetta ₹218.