News

Coonoor tea sales drop on higher price

PS Sundar Coonoor | Updated on January 22, 2018


As much as 22 per cent, worth ₹2.61 crore, of the 15.60 lakh kg on offer remained unsold at Sale No: 37 of Coonoor Tea Trade Association auctions when average prices rose to ₹67.28 a kg from previous week’s ₹66.51.

The Broken Pekoe grade of Homedale Estate, auctioned by Global Tea Brokers, topped the leaf auction and CTC market, when TRP Tea and Commodities bought it for ₹205 a kg.

The Red Dust of Homedale Estate topped the dust auction fetching ₹202 while the Pekoe Dust of Homedale Estate came next at ₹200. Darmona Estate got ₹198. In all, 33 marks got ₹125 and more per kg.

Kairbetta topped orthodox market fetching ₹246, followed by Kodanad at ₹242, Havukal ₹241 and Chamraj ₹227. In all, 42 marks got ₹125 and more per kg.

On the export front, Pakistan bought selectively in a wide range of ₹42-110.

Quotations held by brokers indicated bids ranging ₹40-43 a kg for plain leaf grades and ₹100-125 for brighter liquoring sorts. They ranged ₹40-48 for plain dusts and ₹110-170 for brighter liquoring dusts.

Published on September 14, 2015

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor