Coonoor tea sale: Pre-Diwali auctions give up on a disappointing word by admin- Wednesday, November 11th, 2020 07:32:23 AM
The pre-Diwali auctions of Coonoor Tea Trade Association (Sale forty five) delivered in sadness to the producers due to the fact teas really worth as a whole lot as ₹ nine.04 crore remained unsold considering the fact that there had been no takers for as a great deal as 32 in line with cent of the provide no matter the average charge falling by means of two rupees a kg.
The marketplace will stay closed this week due to Diwali celebrations and so, Sale 46 has been dropped.
The publish-Diwali auction – Sale forty seven – will be hung on November 19 and 20.
“At the pre-Diwali auction, only one grade crossed ₹ 300/kg mark – small scale factory Homedale Estate’s CTC Red Dust grade, auctioned by means of Global Tea Brokers, topped the entire auctions while we sold it for ₹ 301 a kg”, G Thiagarajan, proprietor of Shree Abirami Enterprises, advised BusinessLine.
“We bought this top first-class tea to fulfil the choice of choose home consumers who have continually shown eager hobby for Homedale teas”, he stated.
In the CTC Leaf tea auctions, Homedale Estate’s Broken Orange Pekoe grade, auctioned by means of Global Tea Brokers crowned at ₹ 262 a kg.
Among different CTC teas, Shanthi Supreme got ₹ 246, Vigneshwar Estate ₹ 221, Deepika Supreme ₹ 216, Riverside Estate ₹ 213, Professor Superfine ₹ 211, Bellatti Estate ₹ 201, Hittakkal Estate, Navilkal Estate, Palmera Estate, Selva Ganapathy Premium, Pinewood Estate, Sharon Estate and Waver Tree ₹ 200 each.
Among orthodox teas, Chamraj topped at ₹ 247, followed through Havukal ₹ 231, Kodanad ₹ 226, Nonsuch orthodox ₹ 223, Lockhart Gold ₹ 221, Devashola ₹ 216, Goldsland ₹ 215, Kil Kotagiri ₹ 212, Glendale ₹ 207 and Kairbetta ₹ 205.