Coonoor tea auction offer down 2.51 lakh kg

After the give of the year’s greatest quantity for Sale No: 17 of the auctions of Coonoor Tea Trade Association, the quantity has fallen by 2.fifty one lakh kg for Sale No: eighteen to be held on Thursday and Friday.

In all, 20.81 lakh kg has been catalogued which incorporates some teas unsold in preceding auctions but most quantity is fresh new arrival of the teas produced with the environmentally friendly leaf plucked just after the recent unseasonal but favourable rains.

Of the 20.81 lakh kg provided for this week’s auctions, as a lot as 19.60 lakh kg belongs to CTC selection and only one.21 lakh kg orthodox selection. The proportion of orthodox teas proceeds to be small in equally leaf and dust grades. In the leaf tea counter, only eighty two,000 kg belongs to orthodox although thirteen.98 lakh kg, CTC. Among the dust tea, only 39,000 kg belongs to orthodox although five.62 lakh kg, CTC. In all, 14.70 lakh kg belongs to Leaf grades and six.01 lakh kg, Dust grades.

Pascoes Woodlands Green tea, auctioned by Paramount Tea Advertising and marketing (SI) P Ltd., topped the total auctions final week when Radhika Traders acquired it for ₹300 a kg. Among CTC teas, Homedale Estate’s Damaged Orange Pekoe quality, auctioned by Worldwide Tea Brokers, topped when Oswal Tea Traders acquired it for ₹ 296 a kg. Pinewood Estate obtained ₹ 256, Crosshill Estate Exclusive ₹ 251 and Vigneshwar Estate ₹ 200.

Quotations with the brokers indicated ₹ 98-104 a kg for plain Leaf grades and ₹ one hundred fifty five-186 for the greatest grades. For plain Dust grades, they ranged ₹ 96-104 and for the greatest grades, ₹ 151-200.

The desire has been visibly up in the final several auctions owing to elevated absorption in the context of mounting Covid-19 cases as customers commonly imagine across the world that tea assists in making immunity.