Coonoor tea auction price crashes to year’s lowest
March 01, 2021
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Following inadequate demand, the average price at sale 8 of the auctions of Coonoor Tea Trade Association nosedived to ₹ 125.62 a kg – the lowest so far in calendar 2021.
This was nearly ₹ 6 less per kg over the previous week.
Despite this, there were no takers for as much 41 per cent of the offer resulting in teas worth ₹8.53 crore remaining unsold.
The Broken Orange Pekoe CTC grade of Crosshill Estate Special, auctioned by Global Tea Brokers, topped the auctions when Tea Services India Pvt Ltd bought it for ₹ 301 a kg. This was the only tea which crossed ₹ 300/kg level this week.
Green teas top at the coonoor tea auctions
February 15, 2021
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Two grades of green tea topped the auctions of Sale No 6 of the Coonoor Tea Trade Association.
“The ‘super fine’ Green Tea grade of Pascoes Woodlands topped the entire auctions when BR Tea Co bought it for ₹321 a kg”, Ravichandran Broos, General Manager, Paramount Tea Marketing P Ltd told
BusinessLine
.
“The ‘MONGRA’ Grade Green tea of Pascoes Woodlands came next when Jai Tulsi Enterprises bought it for ₹296 a kg”, he said.
Among orthodox teas, Kodanad got ₹263, Havukal ₹261, Kairbetta ₹250, Glendale ₹232, Nonsuch Orthodox ₹226, Kil Kotagiri ₹223, Narikkal Estate ₹215, Devashola ₹205 and Mailoor ₹200.
Among other CTC teas, Pinewood Estate got ₹265, Crosshill Estate Special ₹256, Riverside Estate ₹221, Hittakkal Estate ₹219, Bellatti Estate ₹216, Shanthi Supreme ₹215, Homedale Premium ₹206, Kannavarai Estate ₹202, Selva Ganapathy Premium and Navilkal Estate �