Export, domestic buying lifts CTC leaf prices at Coonoor auctions  bl-premium-article-image

V Sajeev Kumar Updated - August 13, 2024 at 04:55 PM.
Woman picking tea leaves by hand in green tea farm. | Photo Credit: cueapi

Better activity from exporters and domestic buyers has lifted CTC leaf prices by ₹2-3 a kg in Coonoor Tea auctions.

According to traders, generally, a good demand was noticed in overall CTC sales in sale 32 and arrivals started maintaining. The offered quantity in leaf category was 18,12,810 kg with a sales percentage of 92, while dust offering was 4,53,375 kg, witnessing 97 per cent sales.

Global Tea Auctioneers said the high-priced and better liquoring sorts were lower and occasionally some quality lots sold dearer by ₹2-3 and more at times in line with quality. The mediums sorts had very good demand and sold dearer by ₹4-5.

Orthodox leaf dearer

In leaf orthodox, the primary whole leaf grades had fair demand and sold dearer by ₹3-4. The primary brokens were lower by ₹1-2 with some withdrawals.

The high-priced and better liquoring sorts had fair demand and sold steady to dearer by ₹2-3. The better medium sorts were also had fair demand and sold dearer by ₹3-4. The mediums sorts had fair demand and sold dearer by ₹2-3.

The primary orthodox dust grades had good demand and sold dearer by ₹4-5 and more at times. The secondaries and finer dusts were also had fair demand and sold fully firm to dearer by ₹2-3.

Published on August 13, 2024 11:25

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