Coonoor tea prices fell Rs 2/kg
Description : Industry
Date : Aug-16-2010
The tea prices at the Coonoor Tea Trade Association auctions on Friday fell Rs 2 a kg at Sale No: 32.
Rs 2.3 crore worth of tea remained unsold still due to the withdrawal of 27 per cent of the 16.21 lakh kg on offer for want of buyers.
About 37 per cent of leaf and 28 per cent of dust remained unsold.
In all, 96 marks of CTC teas from bought-leaf factories garnered Rs 100 and more. Homedale Estate got Rs 146 while Professor fetched Rs 140, Vigneshwar Estate garnered Rs 137, Kannavarai Estate Rs 129, Shanthi Supreme Rs 128 and Garswood Estate clonal Rs 126.
However, among orthodox teas from corporate sector, Curzon fetched Rs 163 followed by Thaishola Rs 159, Coonoor Tea Rs 157, Kairbetta Rs 155, Havukal and Katary Rs 147 each, Glendale and Sutton Rs 142 each. In all, 28 marks got Rs 100 and more.
Meanwhile, the quotations held by brokers indicated that the bids varying between Rs 32-36 a kg for plain leaf grades while Rs 80-122 for brighter liquoring sorts. Moreover, it varied in the range of Rs 32-36 for plain dusts while Rs 90-129 for brighter liquoring dusts.
Description : Industry
Date : Aug-16-2010
The tea prices at the Coonoor Tea Trade Association auctions on Friday fell Rs 2 a kg at Sale No: 32.
Rs 2.3 crore worth of tea remained unsold still due to the withdrawal of 27 per cent of the 16.21 lakh kg on offer for want of buyers.
About 37 per cent of leaf and 28 per cent of dust remained unsold.
In all, 96 marks of CTC teas from bought-leaf factories garnered Rs 100 and more. Homedale Estate got Rs 146 while Professor fetched Rs 140, Vigneshwar Estate garnered Rs 137, Kannavarai Estate Rs 129, Shanthi Supreme Rs 128 and Garswood Estate clonal Rs 126.
However, among orthodox teas from corporate sector, Curzon fetched Rs 163 followed by Thaishola Rs 159, Coonoor Tea Rs 157, Kairbetta Rs 155, Havukal and Katary Rs 147 each, Glendale and Sutton Rs 142 each. In all, 28 marks got Rs 100 and more.
Meanwhile, the quotations held by brokers indicated that the bids varying between Rs 32-36 a kg for plain leaf grades while Rs 80-122 for brighter liquoring sorts. Moreover, it varied in the range of Rs 32-36 for plain dusts while Rs 90-129 for brighter liquoring dusts.
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