Over 3 lakh kg less tea on offer for Coonoor auctions

A volume of 22.37 lakh kg is remaining available for Sale No: 26 of the auction of Coonoor Tea Trade Affiliation to be held on Thursday and Friday.

It is as much as 3.55 lakh kg less than the offer you for the past auctions.

The volume available consists of some teas unsold in earlier auctions but substantial amount is fresh arrival of the teas created with the inexperienced leaf plucked right after the the latest unseasonal but favourable rains.

Coonoor tea auction charges dip to new low

Orthodox tea share stays low

Of the 22.37 lakh kg available for this week’s auctions, as much as 21 lakh kg belongs to CTC variety and only 1.37 lakh kg orthodox variety. The proportion of orthodox teas carries on to be low in both equally leaf and dust grades. In the leaf tea counter, only 92,000 kg belongs to orthodox even though sixteen.sixty one lakh kg, CTC. Between the dust tea, only 45,000 kg belongs to orthodox even though five.39 lakh kg, CTC. In all, 17.fifty three lakh kg belongs to Leaf grades and five.84 lakh kg, Dust grades.

Two grades of tea from the smaller-scale bought leaf tea factory Homedale Tea Factory topped the full auction past week, beating the charges from even corporates. Its CTC Pekoe Dust grade, auctioned by Worldwide Tea Brokers, topped the auctions when Tea Solutions India Pvt Ltd bought it for ₹305 a kg. Homedale Estate’s Damaged Orange Pekoe grade, auctioned by Worldwide Tea Brokers, adopted it and topped the CTC Leaf auction, fetching ₹301 a kg. No other tea could cross the ₹ 300/kg mark.

More than 85{d5f2c26e8a2617525656064194f8a7abd2a56a02c0e102ae4b29477986671105} offered at special tea auction

Quotations with the brokers indicated ₹80-eighty two a kg for simple Leaf grades and ₹150-189 for the most effective grades. For simple Dust grades, they ranged at ₹ 80-87 and for the most effective grades, ₹ 161-206.