Rise within the provide for Coonoor tea auctions

Rise within the provide for Coonoor tea auctions

by admin- Thursday, December 13th, 2018 07:54:53 AM

A extent of 18.Sixty six lakh kg has been catalogued for Sale No: 50 of Coonoor Tea Trade Association auction to be held on Thursday and Friday. This is as much as 1.17 lakh kg greater than the volume presented for last week’s auctions.

Of the 18.Sixty six lakh kg, 17.40 lakh kg belongs to CTC range and most effective 1.26 lakh kg, orthodox range. The percentage of orthodox teas continues to be low in both leaf and dirt grades. In the leaf counter, best 81,000 kg belongs to orthodox at the same time as 10.86 lakh kg, CTC. Among the dusts, simplest 45,000 kg belongs to orthodox whilst 6.Fifty four lakh kg, CTC. In all, eleven.Sixty seven lakh kg belong to Lleaf grades and 6.Ninety nine lakh kg, dust grades.

Homedale Red Dust, auctioned by way of Global Tea Brokers, topped the entire CTC auctions ultimate week while Tea Services India Pvt Ltd offered it for ₹234 a kg. In the CTC leaf tea auctions, Homedale Estate Broken Pekoe tea, auctioned by way of Global Tea Brokers, topped at ₹213.

Quotations with the brokers indicated ₹88-ninety a kg for plain leaf grades and ₹a hundred and fifteen-168 for the first-rate grades. For plain dirt grades, they ranged ₹90-94 and for the first-rate grades, ₹124-165.

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