Teas well worth ₹4.Fifty four crore remained unsold at Sale No. Forty two of the auctions of Coonoor Tea Trade Association as there were no takers for as plenty as 31 per cent of the provide.
The lack of demand in steeply-priced teas ahead of Diwali season resulted in now not a single grade of CTC getting into the high-price bracket of ₹200/kg.
Some customers attributed their sluggish bidding to the inadequate fund flow at this a part of the yr.
The orthodox teas fared particularly better, with Chamraj topping at ₹249 observed with the aid of Kairbetta ₹246 and Nonsuch Orthodox at ₹216.
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