Coonoor tea auction volume keeps to upward thrust

Coonoor tea auction volume keeps to upward thrust

by admin- Thursday, October 17th, 2019 07:57:47 AM

The rising fashion continues in the extent supplied for the auctions of Coonoor Tea Trade Association as Sale No. Forty two to be hung on Thursday and Friday, a volume of 17.Eighty one lakh kg has been catalogued.

This is 1.Forty seven lakh kg greater than remaining week’s provide.

Of the 17.Eighty one lakh kg supplied, 16.Sixty five lakh kg belongs to CTC range and 1.26 lakh kg orthodox range. The share of orthodox teas is still low in both leaf and dust grades.

In the leaf counter, orthodox variety was seventy six,000 kg, whilst CTC range changed into 11.87 lakh kg. Among the dusts, 50,000 kg belongs to orthodox range at the same time as 4.Sixty eight lakh kg changed into CTC.

In all, 12.Sixty three lakh kg belongs to Leaf grade and five.18 lakh kg Dust grade.

Homedale Super Red Dust tea, auctioned by way of Global Tea Brokers, crowned the entire auctions final week while Vishal Marketing offered it for ₹256 a kg accompanied with the aid of Homedale Peko Dust, auctioned by means of Global Tea Brokers at ₹250.

In the CTC Leaf tea auction, grades of Homedale Tea Factory, auctioned through Global Tea Brokers topped at ₹230 each. No other CTC tea entered the excessive-fee bracket of over ₹2 hundred in keeping with kg.

Quotations with the brokers indicated ₹sixty seven-75 a kg for plain Leaf grade and ₹114-124 for the great grade.

For simple Dust grade, ₹seventy one-76 and for the nice grade it is ₹one zero five-a hundred and twenty.

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