Commodities

Homedale tops again at Coonoor tea auctions

PS Sundar Coonoor | Updated on January 27, 2020 Published on January 27, 2020

The trend of topping the auctions by the bought leaf factory Homedale Tea Factory continued at Sale 4 auctions of Coonoor Tea Trade Association when its tea, auctioned by Global Tea Brokers, was bought by Tea Services India Pvt Ltd for ₹297 a kg.

This was the highest price fetched by any tea, CTC or orthodox from any factory, small-scale bought leaf or corporate sector. It was also the only CTC tea which entered the high-price bracket of ₹200 per kg.

The highest price fetched by orthodox teas from corporate sector was ₹263 a kg by Kodanad. Chamraj got ₹241, Kairbetta ₹234 and Glendale ₹211.

Published on January 27, 2020
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