Comments
As much as 95 per cent of 10.15 lakh kg offered for Sale No: 34 of Coonoor Tea Trade Association auction was sold despite the average prices rising to seven-week high of ₹94.63 a kg as the demand increased to absorb the low offer. Homedale Estate’s Pekoe Dust, auctioned by Global Tea Brokers, topped the Dust auction as also the entire CTC market when Oswal Tea Traders bought it for ₹207 a kg. Darmona Estate followed it at ₹187. In the CTC Leaf auction, Homedale Estate’s Broken Pekoe, auctioned by Global Tea Brokers, topped at ₹203. This was the first time in nine-weeks that a CTC grade has crossed ₹200/kg mark. In the orthodox market, Chamraj topped at ₹291 a kg followed by Kodanad at ₹201 and Kairbetta ₹200. PS SUNDAR
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.