There is a big drop of 2.80 lakh kg inside the quantity arising for Sale No: three of the auctions of Coonoor Tea Trade Association to be hung on Thursday and Friday over the provide of last week.

Harsh wintry weather situations such as frost assault in lots of low-mendacity regions have decreased the harvest of green leaf and hence the supply of the synthetic black tea. Besides, within the fortnight gone by means of, small growers and workers enjoyed prolonged vacation because of Hethaiamman festival on unique days in specific villages, the most famous competition of Badaga, the main network in The Nilgiris.

Consequently, simplest sixteen.12 lakh kg is developing for sale this week against 18.Ninety two lakh kg final week. This is the bottom extent in the beyond many weeks.

Of the 16.12 lakh kg, as a good deal as 14.58 lakh kg belongs to CTC variety and only 1.Fifty four lakh kg, orthodox range. The share of orthodox teas remains low in both leaf and dirt grades. In the leaf counter, simplest 1.02 lakh kg belongs to orthodox even as 9.27 lakh kg, CTC. Among the dusts, handiest 52,000 kg belongs to orthodox whilst five.31 lakh kg, CTC. In all, 10.29 lakh kg belongs to Leaf grades and five.Eighty three lakh kg, Dust grades.

The Coonoor-Based small-scale factory Homedale Estate’s CTC Broken Orange Pekoe Leaf grade, auctioned through Global Tea Brokers, topped the entire auctions last week whilst Shyam Vittal and Co sold it for ₹265 a kg beating even the orthodox teas of corporates. Homedale Estate’s Leaf Broken Pekoe, auctioned by using Global Tea Brokers, fetched ₹244. In the CTC Dust tea auction, three grades of Homedale Estate, auctioned via Global Tea Brokers, crowned at ₹255, ₹253 and ₹248 every.

Quotations with the agents indicated ₹eighty four-ninety a kg for simple Leaf grades and ₹one hundred twenty-one hundred thirty for the exceptional grades. For simple Dust grades, they ranged ₹82-88 and for the first-class grades, ₹122-one hundred thirty.