Around 80 per cent of the offer was sold at Sale No: 43 of the auctions of Coonoor Tea Trade Association when the market re-opened after a fortnight closure for Diwali. More volume could be sold only by dropping the average price to ₹81.85 a kg from ` 82.12 fetched in the last auctions.

Homedale Estate’s Broken Pekoe, auctioned by Global Tea Brokers, topped the entire CTC market when Santhosh Tea Industries bought it for ₹242 a kg. Darmona Estate’s Broken Orange Pekoe Small (₹231) and Homedale Estate’s Broken Orange Pekoe ( ₹212) followed. In the CTC Dust auction, Homedale Estate’s Pekoe Dust, auctioned by Global Tea Brokers, topped at ₹226 followed by Homedale Estate’s Red Dust, auctioned by Global Tea Brokers, at₹222.

Among orthodox teas, Chamraj topped at ₹269 a kg followed by Kodanad at ₹261 and Nonsuch ₹206.

(This article was published on October 30, 2017)
Post Comment

Get more of your favourite news delivered to your inbox

Please enter your email. Thank You.
Newsletter has been successfully subscribed.