Three-month high offer for coonoor tea auction by admin- Thursday, October 7th, 2021 07:51:52 AM
As an awful lot as 1.30 lakh kg offered more than last week
The growing trend witnessed inside the provide for Coonoor Tea Trade Association last week maintains this week with 24.14 lakh kg being offered for Sale No: 40 of the auctions of Coonoor Tea Trade Association to be held on Thursday and Friday.
This is as a great deal as 1.30 lakh kg greater than the offer of closing week.
It is the best extent of the final 3 months, the preceding high being 24.86 lakh kg on July 16.
This week’s offer includes a few teas which remained unsold within the previous weeks.
Of the 24.14 lakh kg supplied for this week’s auctions, as an awful lot as 22.82 lakh kg belongs to CTC range and most effective 1.32 lakh kg orthodox range. The share of orthodox teas continues to be low in each leaf and dirt grades. In the leaf tea counter, best 97,000 kg belongs to orthodox while 16.Eighty three lakh kg, CTC. Among the dust tea, best 35,000 kg belongs to orthodox while 5.99 lakh kg, CTC. In all, 17.Eighty lakh kg belongs to Leaf grades and 6.34 lakh kg, Dust grades.
The CTC Broken Pekoe grade of Homedale Estate, auctioned by means of Global Tea Auctioneers Pvt Ltd., (GTAPL) topped the complete auctions closing week when Tea Services India Pvt Ltd., offered it for ₹ 297 a kg. In the CTC Dust tea auction, Homedale Estate’s Red Dust grade, auctioned via GTAPL, crowned at ₹280 a kg. Among different CTC teas, Crosshill Estate Premium were given ₹ 229, Pinewood Estate ₹ 211 and Vigneshwar Estate ₹206. Among orthodox teas, Chamraj got ₹ 276.
Quotations with the agents indicated ₹ 72-78 a kg for plain Leaf grades and ₹ 127-211 for the great grades. For simple Dust grades, they ranged ₹ 65-75 and for the fine grades, ₹ 148-186.