Teas really worth approximately ₹2.54 crore remained unsold at Sale No: 6 of the auctions of Coonoor Tea Trade Association in spite of the average expenses falling to ₹ninety nine.Fifty two a kg from the preceding week’s ₹one hundred because of insufficient call for at higher costs.
In a few cases, exporters were seen to remain silent. Overall, there have been no takers for a few 22 consistent with cent of the provide.
For the second consecutive week, Homedale Estate CTC Broken Orange Pekoe grade, auctioned by Global Tea Brokers, crowned the complete auctions while PS industries offered it for ₹291 a kg.
Another offered leaf manufacturing unit Vigneshwar Tea Factory’s tea, auctioned by using Paramount Tea Marketing, observed at ₹201.
Among orthodox teas, Kodanad fetched the pinnacle rate of ₹267 a kg, accompanied through Kairbetta at ₹261 and Chamraj at ₹240.
Bazaarinformation team has many years of experience, covering the physical and future commodities markets with prominent commodity & equity trading advising which shines further with extensive network to get research from ground levels to generate proper reporting and movements. We are able to get evens out of odds in volatile markets and stockings. ...
