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New price records were set at Sale No: 15 of Coonoor Tea Trade Association (CTTA) auctions.
Teas of Vigneshwar Estate Tea Factory which have won this year’s Golden Leaf India Award have fetched record prices.
“Our CTC Broken Pekoe speciality grade, auctioned by Paramount Tea Marketing, topped the auction when Nisha Enterprises bought it for Rs 285 a kg. This was the highest price fetched by this grade since CTTA auctions started 50 years ago. It was also the highest price fetched by our factory since manufacturing started 26 years ago. Besides, our Super Red Dust grade topped the Dust Tea auction fetching Rs 261,” Vigneshwar Managing Partner Ramesh Bhojarajan told Business Line.
Hittakkal Estate Tea Factory also fetched record prices.
“Our Broken Orange Pekoe Fannings speciality grade, auctioned by Paramount Tea Marketing, fetched Rs 260 , Broken Pekoe Rs 255 and Super Red Dust Rs 230 ,” Hittakkal Managing Partner B. Rajesh said.
Homedale Estate, auctioned by Global Tea Brokers, got Rs 176 and Cross Hill Estate Rs 173. In all, 83 CTC marks got Rs 125 and more.
Among orthodox teas, Chamraj got Rs 291, Highfield Estate Rs 195, Havukal Rs 177, Tiger Hill clonal Rs 176, Kairbetta Rs 173, Kodanad Rs 172 and Mailoor Rs 171.
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