Coonoor tea public sale volume rises

Coonoor tea public sale volume rises

by admin- Thursday, November 7th, 2019 07:38:30 AM

A quantity of nineteen.89 lakh kg has been catalogued for Sale No: 45 of the auctions of Coonoor Tea Trade Association to be held on Thursday and Friday.

This is a few 67,000 kg more than final week’s offer.

Of the 19.89 lakh kg provided, as a great deal as 18.Sixty six lakh kg belongs to CTC range and only 1.23 lakh kg orthodox variety. The percentage of orthodox teas is still low in both leaf and dirt grades. In the leaf counter, simplest 69,000 kg belongs to orthodox even as thirteen.23 lakh kg, CTC. Among the dusts, most effective 54,000 kg belongs to orthodox at the same time as 5.43 lakh kg, CTC. In all, thirteen.92 lakh kg belongs to Leaf grades and five.97 lakh kg, Dust grades.
Homedale Estate’s CTC Red Dust tea, auctioned by Global Tea Brokers, crowned the entire auctions remaining week whilst Oswal Tea Traders sold it for ₹271 a kg. This charge turned into higher than the rate of even the export-oriented orthodox tea of company teas. In the CTC Leaf tea auctions, Homedale Estate’s tea, auctioned by Global Tea Brokers, crowned at ₹244. No different CTC grade entered the excessive price bracket of ₹two hundred/kg.

Quotations with the brokers indicated ₹sixty two-sixty nine a kg for plain Leaf grades and ₹100-116 for the first-rate grades. For plain Dust grades, they ranged ₹sixty five-70 and for the pleasant grades, ₹99-112.

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