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For Sale No: 2 of Coonoor Tea Trade Association auction to be held on Thursday and Friday, a volume of 14.18 lakh kg has been catalogued. This is as much as 4.38 lakh kg more than the offer at last week’s auction.
Of this, 9.38 lakh kg belongs to leaf grades and 4.80 lakh kg, dust grades. As much as 12.84 lakh kg belongs to CTC variety and only 1.34 lakh kg, orthodox variety.
In the leaf counter, only 78,000 kg belongs to orthodox while 8.60 lakh kg, CTC. Among the dusts, only 56,000 kg belongs to orthodox while 4.24 lakh kg, CTC.
Homedale Estate’s Red Dust, auctioned by Global Tea Brokers, topped the Dust auction and the entire CTC market last week when Oswal Tea Traders bought it for ₹241 per kg. Homedale Estate’s Super Red Dust, auctioned by Global Tea Brokers (₹216) and Darmona Estate’s Super Red Dust, auctioned by Paramount Tea Marketing (₹215) followed it.
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