Although the tea planters had expressed satisfaction that the Bharat system was going to be set aside as it had led to lower price realisations since April when the system was introduced, they desperately wanted the two auctions in September and October to be held anyhow for their cash requirements
Tea auctions resume after closure for Ramalan
May 15, 2021
Collector exempts tea auctions from ongoing lockdown The weekly Dust tea auctions of Coonoor Tea Trade Association which are normally held on Fridays will be held on Saturday this week because the market was closed on Friday for Ramalan / Ramadan festival.
In all, 7.08 lakh kg Dust grade will be offered for this Sale No: 19. Of this, 6.53 lakh kg belongs to CTC variety and 55,000 kg, orthodox variety.
Together with the leaf grades, a total of 22.89 lakh kg is being offered for this sale which will conclude on Saturday.
It is the second highest volume so far this calendar – just 43,000 kg less than the year’s highest volume of 23.32 lakh kg offered a fortnight ago.
Three CTC leaf teas top Coonoor auctions
February 22, 2021
Three CTC leaf grades – Crosshill Estate Special, Pinewood Estate and Pinewood Premium – topped the entire auctions of sale 7 of Coonoor Tea Trade Association fetching ₹300 a kg each.
Among other CTC teas, Riverside Estate got ₹ 225, Homedale Premium ₹ 217, Vigneshwar Estate ₹ 216, Kannavarai Estate₹ 213, Waver Tree and Palmera Estate ₹ 211 each, Shanthi Supreme and Bellatti Estate ₹ 209 each, Hittakkal Estate ₹ 208 and Professor Superfine ₹ 200.
Among orthodox teas, Kodanad got ₹ 275, Havukal ₹ 253, Kairbetta ₹ 242, Kil Kotagiri ₹ 221, Devashola ₹ 211 and Narikkal Estate ₹ 201.
Overall, teas worth ₹ 7.77 crore remained unsold as there were no takers for as much as 40 per cent of the offer.
This was despite the average price dropping to ₹ 131.51 a kg – the lowest so far in calendar 2021.