Approximately ninety four per cent of the offer at sale 24 of the auctions of Coonoor Tea Trade Association was bought inspite of the typical rate rising to ₹107.01 a kg from earlier week’s ₹99.70 due to elevated demand.
A purchased leaf manufacturing facility Homedale Tea Manufacturing facility topped the complete auctions when its Broken Pekoe grade, auctioned by International Tea Brokers, was purchased by Ganesh Enterprises for ₹302 per kg. Homedale Estate’s Broken Orange Pekoe grade, auctioned by International Tea Brokers, followed at ₹300.
These had been the only grades which fetched ₹300 and a lot more per kg and their rates had been pretty much three occasions the typical rate of all teas at this week’s auctions.
In the CTC dust tea auctions, two grades of Homedale Estate, auctioned by International Tea Brokers, topped at ₹281 each. Pinewood Estate got ₹234 and Vigneshwar Estate ₹218.
Among orthodox teas,