Prices crash to 12 months’s lowest in Coonoor tea auctions by admin- Tuesday, April 6th, 2021 07:36:00 AM
Still, 30% teas really worth ₹ five.28 cr unsold because of less demand
Despite the average fee crashing to ₹120.Eleven a kg – the bottom thus far this calendar, there were no takers for about 30 in line with cent of the offer at Sale No: thirteen of the public sale of Coonoor Tea Trade Association as the call for became less because of Good Friday / Easter holidays.
Consequently teas really worth approximately ₹5.28 crore remained unsold.
Homedale Estate’s Red Dust grade, auctioned by way of Global Tea Brokers, crowned the complete public sale while GLT Enterprises sold it at ₹305 a kg.
Among different CTC teas, Pinewood Estate got ₹302, Crosshill Estate Special ₹ 220, Vigneshwar Estate ₹ 219 and Hittakkal Estate ₹ 206,
Among orthodox teas, Chamraj were given ₹ 276, Kodanad ₹ 265, Havukal ₹ 238, Kairbetta ₹ 236, Glendale ₹ 225, Kil Kotagiri ₹ 222, Mailoor and Nonsuch Orthodox ₹ 216 each and Devashola ₹ 207.