Coonoor tea charges upward push to six-week excessive

Coonoor tea charges upward push to six-week excessive

by admin- Tuesday, January 22nd, 2019 07:34:06 AM

The cheer created in the auctions of Coonoor Tea Trade Association within the first two sales of 2019 persisted in Sale No: three when the common fee rose to the six-week high of ₹100.Sixty two a kg.

Despite the rate upward thrust, about 80 in step with cent of the offer become absorbed due to higher call for from upcountry buyers bobbing up from low materials in North Indian teas.

Homedale Estate’s Peko Dust grade, auctioned with the aid of Global Tea Brokers, topped the entire CTC market whilst Tea Services India P Ltd bought it for ₹262 a kg.

In the CTC Leaf tea auctions, Homedale Estate’s Broken Orange Pekoe Fannings grade, auctioned through Global Tea Brokers, crowned at ₹215 a kg.

Among orthodox teas, Corsley crowned at ₹263 a kg observed via Chamraj ₹253, Kodanad ₹241, Kairbetta ₹240 and Havukal ₹201.

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