Page 2 - Tea Auctions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

February begins on better note for Coonoor tea auction February 08, 2021 × February has begun on a better note for tea trade in The Nilgiris as the earnings at the first auction for the month conducted by Coonoor Tea Trade Association rose to ₹16.35 crore from ₹13.90 crore in the last auction of January. This means, the earnings increased by ₹2.45 crore in just one week – in the first auction after the Budget was presented. This happened because 12.19 lakh kg was sold against 10.51 lakh kg in the previous week despite the average price rising to ₹ 134.11 per kg from ₹ 133.25 in ...

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 fa...