Drop in Coonoor tea public sale extent

Drop in Coonoor tea public sale extent

by admin- Friday, July 19th, 2019 07:41:52 AM

A decreased quantity of 21.08 lakh kg is being offered for Sale No. 29 of the auctions of Coonoor Tea Trade Association, on the way to finish on Friday. This is 66,000 kg much less than ultimate week’s provide.

Of the 21.08 lakh kg supplied, as a good deal as 19.84 lakh kg belongs to CTC variety and only 1.24 lakh kg to the orthodox variety. The share of orthodox teas remains low in each leaf and dust grades. In the leaf counter, simplest seventy seven,000 kg belongs to orthodox even as 12.79 lakh kg is CTC. Among the dusts, simplest forty seven,000 kg belongs to orthodox even as 7.05 lakh kg is CTC. In all, 13.56 lakh kg belongs to leaf grades and 7.52 lakh kg to dust grades.

Among the sold leaf factories selling CTC teas, best Homedale Tea Factory could enter the high-price bracket of ₹two hundred/kg final week. Its Red Dust, auctioned through Global Tea Brokers, crowned the CTC market while Om Enterprises sold it for ₹223 a kg.

Quotations with the brokers indicated ₹sixty five-70 a kg for plain leaf grades and ₹one hundred-114 for the fine grades. For undeniable dust grades, they ranged in ₹sixty four-sixty eight band and for the fine grades ₹ninety eight-110.

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