Comments
A volume of 14.80 lakh kg has been catalogued for Sale No: 47 of Coonoor Tea Trade Association auctions to be held on Thursday and Friday, reveals an analysis of brokers’ listing.
It is the highest volume of the last 17 weeks. Of the 14.80 lakh kg on offer, 10.17 lakh kg belongs to the leaf grades and 4.63 lakh kg belongs to the dust grades.
Fresh tea accounts for 14.56 lakh kg while about 24,000 kg comprises teas which had remained unsold in previous auctions.
Homedale Estate tea, auctioned by Global Tea Brokers, topped at Rs 152 a kg.
Among orthodox teas from corporate sector, Highfield Estate got Rs 215.
In the leaf tea auction, Hindustan Unilever Ltd (HUL) and Tata Global Beverages Ltd bought good medium varieties. Duncans Tea Ltd showed interest on good medium brokens.
In the dust tea auction, HUL and Tata Global bought good medium varieties. Indcoserve showed interest on medium smaller grades.
Comments
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.