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A volume of 12.45 lakh kg would be offered for Sale No: 16 of Coonoor Tea Trade Association auction to take place on Thursday and Friday, reveals an analysis of the brokers’ listings.
This is the highest volume in seven weeks.
Of the 12.45 lakh kg on offer, 8.86 lakh kg belongs to the leaf grades and 3.59 lakh kg belongs to the dust grades.
As much as 11.63 lakh kg belongs to CTC variety and only 0.82 lakh kg, orthodox variety.
Of the 12.45 lakh kg coming up for sale, fresh tea accounts for 10.80 lakh kg.
About 1.65 lakh kg comprises teas which had remained unsold in previous auctions.
In the Leaf auction last week, Hindustan Unilever Ltd bought brighter liquoring and medium varieties while Duncans Tea Ltd showed interest on medium brokens.
In the Dust auction Duncans showed interest on good medium sorts.
Indcoserve bought medium smaller dusts. AV Thomas and Co Ltd bought brighter liquoring smaller grades.
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