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The falling trend witnessed in the offer for the auctions of Coonoor Tea Trade Association continues with the volume being offered for Sale No: 13 to be held on Friday falling by as much as 1.07 lakh kg over last week.
A volume of 10.15 lakh kg has been catalogued. Of this, 7.19 lakh kg belongs to leaf grades and 2.96 lakh kg, dust grade.
As much as 9.26 lakh kg belongs to CTC variety and only 89,000 kg, orthodox variety.
In the leaf counter, only 49,000 kg belongs to orthodox while 6.70 lakh kg, CTC. Among the dusts, only 40,000 kg belongs to orthodox while 2.56 lakh kg, CTC.
Homedale Estate’s Broken Pekoe, auctioned by Global Tea Brokers, topped Leaf auction and the entire CTC market last week when TRP Tea and Commodities bought it for ₹202/kg.
Homedale Estate’s Red Dust, auctioned by Global Tea Brokers, topped Dust auctions fetching ₹188.
Darmona Estate’s Broken Orange Pekoe Small (₹190) and Super Fine Dust (₹186) were in the top-notch bracket.
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