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The first sale of 2018 at the Coonoor Tea Manufacturers’ Service Industrial Cooperative Society (TeaServe) took off on a positive note, with the price inching up marginally compared to the earlier week's sale.
While almost the entire volume of leaf tea was sold, close to 35 per cent of dust remained unsold at the end of the weekly auction that took place in Coonoor today
The average price was up by ₹1.66 a kg at ₹67.26 against previous week’s ₹65.60.
Over 82 per cent of the teas on offer was taken up, leaving less than 0.28 per cent of the tea leaf unsold, while the sale of dust hovered at around 65 per cent.
Salisbury’s Broken Orange Pekoe Fannings (BOPF) topped the CTC market at ₹79/kg.
In the dust category, Golden Dew Tea Factory offered to buy Salisbury’s Pekoe Dust at ₹76/kg.
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