Coonoor tea fees upward thrust to maximum thus far in 2019

Coonoor tea fees upward thrust to maximum thus far in 2019

by admin- Tuesday, March 19th, 2019 07:50:33 AM

About 88 consistent with cent of the offer at Sale No: 11 of the auctions of Coonoor Tea Trade Association became offered despite the common charge growing to ₹102.75 a kg – the best to date in calendar 2019 – because of better demand from upcountry customers within the context of low elements in the North.

For that count, it become the best fee within the last two years except for ₹103.71 recorded on November 30, 2018.

Homedale Estate’s Pekoe Dust tea, auctioned by way of Global Tea Brokers, crowned the entire CTC market whilst Tea Services India Pvt Ltd., sold it for ₹283 a kg.

In the CTC Leaf tea auctions, Homedale Estate’s tea, auctioned by using Global Tea Brokers, crowned at ₹249.

This become considerable due to the fact no different CTC tea could enter the high-charge bracket of ₹200/kg and this price become extra than double the common charge which itself was nearly two-year high.

Among orthodox teas, Kodanad dust grade, auctioned with the aid of Global Tea Brokers, crowned now not most effective the orthodox market but the whole auctions, along with all grades of CTC teas, while Kushal Tea Co bought it for ₹297 a kg – simply quick of ₹3 to go into the following highest bracket of ₹300/kg.

Kairbetta were given ₹288, Chamraj ₹241, Corsley ₹221, Havukal ₹215 and Vigneshwar orthodox and Mailoor ₹2 hundred every.

News Updates