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Lockdown takes serious toll at Coonoor tea auctions - The Hindu BusinessLine


Lockdown takes serious toll at Coonoor tea auctions
May 25, 2021
Teas worth over ₹ 13 crore unsold as no takers for 43% of offer
Lockdown in various states took a serious toll at Sale 20 of the auction of Coonoor Tea Trade Association (CTTA) when teas worth as much as ₹ 13.02 crore remained unsold as there were no takers for about 43 per cent of the offer despite the average price falling by ₹ 3 a kg over the previous sale to rule ₹ 122.79 a kg.
This meant that in just one week, the earnings at CTTA auctions had fallen by ₹ 4.80 crore or 21.13 per cent
Many high-priced teas were withdrawn for want of adequate bids. ....

Tamil Nadu , Coonoor Tea Trade Association , Pinewood Estate , Crosshill Estate Special , Riverside Estate , தமிழ் நாடு , கூனூர் தேநீர் வர்த்தகம் சங்கம் , பைன்வுட் எஸ்டேட் , கிராஸ்ஹில் எஸ்டேட் சிறப்பு , ஆற்றங்கரை எஸ்டேட் ,