Comments
Nearly 78 per cent of the offer at Sale 19 of the Coonoor Tea Trade Association auctions was sold with the average price dropping to ₹94.84 a kg from ₹97.56 fetched in the previous sale.
Homedale Estate’s Pekoe Dust grade, auctioned by Global Tea Brokers, topped the auctions with Shreeji Traders buying it for ₹281 a kg.
Homedale Estate’s Super Red Dust grade, auctioned by Global Tea Brokers, followed at ₹256.
These two grades surpassed the prices fetched by any other tea, CTC or orthodox, from any factory in this auction.
In the CTC leaf tea auction, Homedale Estate’s Broken Orange Pekoe Fanning grade topped at ₹250. Among orthodox teas, Kairbetta topped at ₹251 followed by Kodanad at ₹245, Glendale at ₹211 and Havukal at ₹210.
This auction was postponed by a day due to lockdown disruptions. The CTTA has said that from Sale 20, auctions will be held as per schedule.
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.