Volume dips at Coonoor tea auctions due to unfavourable weather

For sale 29 of the auctions of Coonoor Tea Trade Affiliation to be held on Thursday and Friday after the Bakrid vacations in many countries, a quantity of 23.84 lakh kg is staying made available.

This is as much as one.20 lakh kg fewer than the give for final week’s auctions.

The lower give is explained to be since of a drop in creation arising from unfavourable temperature problems. “The current temperature is not conducive for quality creation of large quantity tea,” Ramesh Chander, President, The Nilgiris Modest Tea Growers’ Affiliation instructed BusinessLine.

“There has been weighty wind for the previous ten days which has produced the tea leaves search like paper with no the much-desired juice. This will have an impact on the quality of the created tea. With no sunshine for some days now and the greater part of compact growers engaged in ‘Devahabba’ neighborhood pageant of the Baduga group final 7 days, we anticipate a 20 for each cent drop in tea creation till August conclude,” he explained.

Of the 23.84 lakh kg made available for this week’s auctions, as much as 22.65 lakh kg belongs to CTC range and only one.19 lakh kg orthodox range. In the leaf tea counter, only seventy eight,000 kg belongs to orthodox while seventeen.forty one lakh kg, CTC. Between the dust tea, only forty one,000 kg belongs to orthodox while 5.24 lakh kg, CTC. In all, eighteen.19 lakh kg belongs to Leaf grades and 5.65 lakh kg, Dust grades.

The environmentally friendly tea from Pascoes Woodlands, auctioned by Paramount Tea Marketing (SI) P Ltd, topped the auctions final 7 days when Shree Ganesh Tea Trading Organization bought it for ₹305 a kg. Between CTC teas, Homedale Estate’s Damaged Orange Pekoe Fanning grade, auctioned by Worldwide Tea Brokers, topped when Tea Companies India Pvt Ltd bought it for ₹297 a kg.

Quotations with the brokers indicated ₹75-77 a kg for plain Leaf grades and ₹156-198 for the ideal grades. For plain Dust grades, they ranged ₹77-84 and for the ideal grades, ₹174-216.