97% tea sold at Coonoor auctions despite record price

Joseph B. Hash

The rising trend witnessed in the price ranges at the auctions of Coonoor Tea Trade Association in current weeks continued at Sale 29 with the common value rising to all-time higher amount of ₹137.11 a kg. Nevertheless, about ninety seven for each cent of the offer you was offered due […]

The rising trend witnessed in the price ranges at the auctions of Coonoor Tea Trade Association in current weeks continued at Sale 29 with the common value rising to all-time higher amount of ₹137.11 a kg.

Nevertheless, about ninety seven for each cent of the offer you was offered due to elevated desire from upcountry buyers, in particular in all those States the place lockdown has been relaxed.

The Crimson Dust quality of the Coonoor-centered bought leaf manufacturing facility Homedale Tea Market, auctioned by Worldwide Tea Brokers, topped the overall auction when Pankaj and Devendra Buying and selling Co, bought it for ₹291.

The Pekoe Dust quality of Homedale manufacturing facility, auctioned by Worldwide Tea Brokers, adopted at ₹281.

These two grades fetched price ranges greater than the teas from any other manufacturing facility, company or bought leaf.

Among the other CTC teas, Shanthi Supreme got ₹226, Pinewood Estate ₹223, Lakshmi Estate ₹222, Crosshill Estate Exclusive, Kannavarai Estate and Vigneshwar Estate ₹221 just about every, Bellati Estate ₹202 and Palmera Estate ₹200.

Among the Orthodox teas, Kodanad topped at ₹251 adopted by Kilkotagiri ₹239, Kairbetta and Glendale ₹226 just about every, Devashola ₹214, Nonsuch orthodox and Lockhart Gold ₹211 just about every and Havukal ₹206.

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