Tea worth ₹five.82 cr unsold at coonoor auctions

Tea worth ₹five.82 cr unsold at coonoor auctions

by admin- Tuesday, December 11th, 2018 07:32:37 AM

Of the ₹17.Seventy three crore worth of tea which got here up for Sale No: 49 of the auctions of the Coonoor Tea Trade Association, as much as ₹five.82 crore really worth of tea remained unsold as there had been no takers for about 33 in step with cent of the offer.

This was in spite of the average fee falling to ₹102.08 a kg from the previous week’s ₹103.71 due to subdued call for from exporters.

Homedale Red Dust, auctioned by means of Global Tea Brokers, crowned the whole CTC auctions while Tea Services India Pvt Ltd offered it for ₹234 in keeping with kg.

In the CTC Leaf tea auctions, Homedale Estate Broken Pekoe tea, auctioned by way of Global Tea Brokers, topped at ₹213.

Among orthodox tea, Kodanad topped at ₹255 observed through Chamraj ₹243, Kairbetta ₹228 and Havukal ₹201.

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