Coonoor, Aug. 27 :
Assam unrest continued to exert demand pressure from upcountry buyers at
Coonoor Tea Trade Association auctions resulting in about 92.5 per cent
of the 13 lakh kg offered in Sale No: 34 being sold with average prices
raising Rs 2 a kg over the previous week.
Homedale Estate tea, auctioned by Global Tea Brokers, topped the CTC
market at Rs 161 a kg. Vigneshwar Estate got Rs 142, Shanthi Supreme Rs
140, Hittakkal Estate Rs 139, Blue Monte speciality Rs 137, Deepika
Supreme Rs 136 and Ambukal Estate Rs 135. In all, 136 marks got Rs 100
and more.
Among orthodox teas from corporate sector, Highfield Estate got Rs 207,
Chamraj Rs 200, Corsley Rs 180, Kairbetta Rs 173 and Havukal Rs 170. In
all, 29 marks got Rs 100 and more.
“Quality orthodox brokens were dearer by Rs 5-10 a kg. CTC leaf market
gained Rs 2-3. Orthodox dust grades got Rs 2-3 more. CTC dust market was
dearer up to Rs 3,” an auctioneer said.
On the export front, Pakistan bought in a wide range (Rs 66-96 a kg) and
the CIS (Rs 67-87). There was some purchase for European ports at Rs
71-97.
Quotations held by brokers indicated bids ranging Rs 65-67 a kg for
plain leaf grades and Rs 100-135 for brighter liquoring sorts. They
ranged Rs 75-80 for plain dusts and Rs 100-140 for brighter liquoring
dusts.
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