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Prices crash to 16-month low at coonoor tea auction - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Green teas top at the coonoor tea auctions February 15, 2021 × 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 ....
Nearly 71% tea sold at coonoor auctions January 18, 2021 × A new price record was set up by the bought leaf Factory, Homedale Tea Factory, at Sale No: 2 of the auctions of Coonoor Tea Trade Association. “Our Red Dust grade, auctioned by Global Tea Brokers (GTB), topped the entire auctions when Badhusha Tea Co., bought it for ₹ 383 a kg”, Raman A Menon, Homedale’s Managing Partner told BusinessLine. “Consequently, we have broken our last week’s price record of ₹ 381. This is a new record as it is the highest price fetched by any of our teas since manufacturing started in our factory 72 years ago”, he said. ....