22% of tea unsold at Coonoor auctions bl-premium-article-image

P. S. Sundar Updated - September 16, 2013 at 10:46 PM.

Some 22 per cent of the 12.77 lakh kg offered for Sale No: 37 of Coonoor Tea Trade Association auctions remained unsold after the asking price rose by Re 1 a kg.

CTC market

Among CTC teas, Pekoe Dust of Homedale Estate, auctioned by Global Tea Brokers, topped the market when Paras Tea Co bought it for Rs 178 a kg.

Shanthi Supreme got Rs 175, Deepika Supreme and Vigneshwar Estate Rs 174 each, Hittakkal Estate Rs 173 and Crosshill Estate, Rs 170.

In all, 82 marks got Rs 125 and more.

Chamraj topped the orthodox market fetching Rs 240 a kg.

Highfield Estate got Rs 211, Kodanad Rs 200, Havukal and Kairbetta Rs 191.

In all, 40 marks got Rs 125 and more.

exports

Exporters to Pakistan paid a wide range of Rs 70-90 a kg, to the CIS, Rs 69-92 and some European ports, Rs 62-87.

Quotations held by brokers indicated bids ranging Rs 62-65 a kg for plain leaf grades and Rs 115-145 for brighter liquoring sorts.

They ranged Rs 66-76 for plain dusts and Rs 120-170 for brighter liquoring dusts.

Published on September 16, 2013 17:07