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Nearly 90 per cent of the offer at Sale 25 of the Coonoor Tea Trade Association auctions was sold despite the average price rising to an all-time high level of ₹110.68 a kg from previous week’s ₹107.01 on increased demand.
The Broken Orange Pekoe leaf grade of a bought leaf tea factory Homedale Estate, auctioned by Global Tea Brokers, topped the auctions with Tea Services India Pvt Ltd buying it for ₹311 a kg.
Homedale Estate Red Dust grade, auctioned by Global Tea Brokers topped the dust tea auction and fetched the second highest price of ₹293 a kg in the whole auction.
Among other CTC teas, Pinewood Estate got ₹248, Lakshmi Estate ₹222, Crosshill Estate Special ₹203 and Vigneshwar Estate ₹201.
Among orthodox teas, Kodanad topped at ₹255 followed by Chamraj ₹251, Kairbetta ₹220, Havukal ₹216, Glendale ₹211 and Devashola ₹200.
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