Live Breaking News & Updates on உடைந்த ஆரஞ்சு பெகோே
Stay updated with breaking news from உடைந்த ஆரஞ்சு பெகோே. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.
Coonoor tea auction prices dip to new low - 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.
May 05, 2021 Pascoes Woodlands Green tea topped the entire auctions last week After the offer of the year’s highest volume for Sale No: 17 of the auctions of Coonoor Tea Trade Association, the volume has fallen by 2.51 lakh kg for Sale No: 18 to be held on Thursday and Friday. In all, 20.81 lakh kg has been catalogued which includes some teas unsold in previous auctions but most volume is fresh arrival of the teas manufactured with the green leaf plucked after the recent unseasonal but favourable rains. Of the 20.81 lakh kg offered for this week’s auctions, as much as 19.60 lakh kg belongs to CTC variety and only 1.21 lakh kg orthodox variety. The proportion of orthodox teas continues to be low in both leaf and dust grades. In the leaf tea counter, only 82,000 kg belongs to orthodox while 13.98 lakh kg, CTC. Among the dust tea, only 39,000 kg belongs to orthodox while 5.62 lakh kg, CTC. In all, 14.70 lakh kg belongs to Leaf grades and 6.01 lakh kg, Dust grade ....
Strong demand: 87% teas sold at Coonoor auctions May 03, 2021 Immunity booster tag fanned the offtake Although the offer of 23.32 lakh kg for Sale 17 of the auction of Coonoor Tea Trade Association (CTTA) was the highest for any auction so far this calendar, increased demand helped as much as 19.84 lakh kg of this offer (87 per cent) to be sold despite the average price rising to ₹ 117.48 a kg from previous week’s ₹114.53. This resulted in the overall earnings to rise to ₹23.31 crore from ₹15.78 crore, marking a growth of ₹7.53 crore or 47.72 per cent in just one week. “Pascoes Woodlands Green tea topped the entire auctions this week when Radhika Traders bought it for ₹300 a kg”, Ravichandran Broos, General Manager, Paramount Tea Marketing (SI) P Ltd., who auctioned this tea, told ....
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. ....