ITD special sale: 62% teas sold at Coonoor

ITD special sale: 62% teas sold at Coonoor

by admin- Friday, June 26th, 2020 07:57:37 AM

Nearly sixty two per cent of the offer for Sale fifty three of the auctions of Coonoor Tea Trade Association become bought with buyers displaying keen hobby for some of the speciality teas.

This changed into a unique edition of pan-India e-auction conducted to hail the primary International Tea Day (ITD) at the suggestion of Tea Board. Auctions were held in extraordinary centres throughout the united states with the teas fabricated from the green leaves plucked on ITD.

In all, 6,976.50 kg of various teas changed into offered at a mean rate ₹208.Forty seven a kg to fetch a sales of ₹14.54 lakh.

The top charge fetching 5 tea grades created a brand new fee report among all everyday auctions inside the entire of South India.

“Of them, the first 4 — Avataa Virgin inexperienced tea (₹6,110 a kg) and Avataa Oolong (₹five,010) have been sold via Golden Tips Tea Co Pvt Ltd, Doddabetta Silver Tips (₹4,000) and Kokkalatty Super Gold Silver Tips (₹3,800) were sold by way of Tea Sip and Taste,” Ravichandran Broos, General Manager, Paramount Tea Marketing Pvt Ltd, who auctioned those teas, told BusinessLine.

The 5th pinnacle price fetcher become Havukal SFTGFOP grade auctioned by using J Thomas and Co P Ltd and purchased by using Kumar Enterprises for ₹2,510/kg.

“Among CTC teas, Homedale’s Broken Pekoe, topped while Belmount Tea and Produce Co bought for ₹710 a kg. Although Homedale has been topping the auctions many weeks, this price was all-time excessive for the factory since it started production seventy one years in the past,” Rajesh Gupta, Managing Director, Global Tea Brokers, who auctioned this tea, stated.

Vigneshwar Speciality’s Broken Orange Pekoe Fanning grade, auctioned by Paramount Tea Marketing, followed whilst Nisha Enterprises offered it for ₹seven hundred.

Kilkotagiri’s two orthodox grades (₹581 and ₹410) and Darmona Estates CTC grades (₹320 and ₹300) were the others which fetched over ₹three hundred/kg.

News Updates