Commodities

Nearly 88 per cent of Coonoor tea sold

PS Sundar Coonoor | Updated on June 02, 2020 Published on June 02, 2020

A view of a Tea estate in Coonoor   -  SOMASHEKAR GRN

Nearly 88 per cent of the offer at Sale 22 of the auctions of Coonoor Tea Trade Association was sold despite the average price rising to ₹95.55 a kg from previous week’s ₹ 93.93.

Kodanad orthodox tea topped the auctions at ₹ 252. In the orthodox market, Kairbetta followed at ₹ 234, Glendale ₹206, Havukal at ₹205 and Siruvani at ₹201.

Among CTC leaf auctions, two grades of Pinewood topped, both fetching ₹ 206 a kg, followed by two other grades of Pinewood fetching ₹205.

Among CTC dust auctions, Vigneshwar Estate tea, auctioned by Paramount Tea Marketing Pvt Ltd, topped at ₹ 203.

Published on June 02, 2020
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