93% teas sold at Coonoor auctions

The ordinary price ranges rose at sale 34 of the auctions of Coonoor Tea Trade Affiliation rose to an all-time superior amount of ₹172.62 a kg – some ₹5 for each kg more than final week.

Nevertheless, about ninety three for each cent of the give was sold for the reason that of amplified desire from upcountry buyers. Floods in Assam, West Bengal and Kerala affecting the offer of teas from these States and the relaxation of lockdown in some States, besides a basic enhancement in high-quality aided price ranges to increase.

Between orthodox teas, two grades of Higher Cliff Manufacturing facility, auctioned by Paramount Tea Promoting P Ltd., topped the overall auctions when Nisha Enterprises purchased them for ₹ four hundred a kg each.

Kodanad acquired ₹282, Kairbetta ₹274, Glendale ₹235, Devashola and Siruvani ₹231 each, Lockhart ₹215, Goldsland and Kil Kotagiri ₹211 and Havukal ₹205.

In the CTC industry, Homedale Estate’s Pekoe Dust quality, auctioned by World Tea Brokers, topped when Shree Abirami Enterprises purchased it for ₹301 a kg.

Pinewood Estate acquired ₹272, Kannavarai Estate ₹250, Vigneshwar Estate ₹ 245, Deepika Supreme ₹240, Shanthi Supreme ₹239, Cross Hill Estate Unique ₹238, Palmira Estate ₹231, Bellati Estate and Riverside Estate ₹230 each and Professor Superfine ₹226.

There was disruption in the NSEIT system due to hyperlink failure resulting in decreased rate realisation in the if not buoyant industry trend, auction sources said.