Coonoor tea public sale quantity falls

Coonoor tea public sale quantity falls

by admin- Thursday, January 23rd, 2020 07:55:30 AM

The fall in extent visible within the remaining couple of weeks on the auctions of Coonoor Tea Trade Association persisted this week as producers bitch that the cold climate and prolonged holidays in the villages for the traditional Hethaiamman festival have brought about decrease production.

A volume of 15.12 lakh kg has been catalogued for Sale four to be hung on Thursday and Friday. This is some eighty,000 kg much less than the volume offered for closing week’s sale. The extent fell by means of 1.56 lakh kg in the ultimate fortnight.

Of the 15.12 lakh kg supplied, as a good deal as 13.66 lakh kg belongs to CTC range and only 1.Forty six lakh kg to orthodox range. The percentage of orthodox teas continues to be low in each leaf and dust grades. In the leaf counter, simplest 88,000 kg belongs to orthodox while 9.21 lakh kg, CTC. Among the dusts, handiest 58,000 kg belongs to orthodox at the same time as 4.45 lakh kg to CTC. In all, 10.09 lakh kg belongs to Leaf grades and five.03 lakh kg to Dust grades.

A new rate record changed into set for the second one consecutive public sale remaining week when the Pekoe Dust grade of Homedale Tea Factory, auctioned via Global Tea Brokers (GTB), become bought with the aid of Shree Abirami Enterprises for ₹307 a kg, beating their own document of ₹302 at the preceding auction. Homedale’s Red Dust grade, auctioned through GTB, fetched ₹300 a kg. No different CTC tea entered the excessive-price bracket of ₹two hundred/kg in Leaf or Dust auctions.

Quotations with the brokers indicated ₹64-sixty seven a kg for undeniable Leaf grades and₹122-150 for the quality grades. For plain Dust grades, they ranged ₹sixty four-sixty eight and for the quality grades, ₹126-168.

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