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Coonoor tea auction prices rise; 85% sold - The Hindu BusinessLine

Coonoor tea auction prices rise; 85% sold March 16, 2021 × After a fortnight of price fall, the average price at Sale 10 of the auctions of Coonoor Tea Trade Association rose to ₹122.67 a kg from ₹121.86 in the previous auction. Despite this price rise, 85.48 per cent of the offer was sold against 83.30 per cent in the previous week because of better demand and rise in the quality of the teas on offer. Crosshill Estate Special Pekoe Dust grade, auctioned by Global Tea Brokers, topped the entire auctions when Vora Sons bought it for ₹ 277 a kg. Crosshill Estate Special’s Red Dust and Pinewood Estate got ₹ 271 each, Riverside Estate ₹ 234, Shanthi Supreme ₹ 222, Hittakkal Estate and Kannavarai Estate ₹ 215 each, Waver Tree ₹ 213, Vigneshwar Estate and Hiribel Excel ₹ 211 each and Bellatti Estate ₹ 203.

Coonoor tea auction price crashes to year s lowest - The Hindu BusinessLine

Coonoor tea auction price crashes to year’s lowest March 01, 2021 × 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.

Three CTC leaf teas top Coonoor auctions - The Hindu BusinessLine

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.

Green teas top at the coonoor tea auctions - The Hindu BusinessLine

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 Premium and Navilkal Estate

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