Coimbatore Tea Auction To Witness Higher Offerings

Coimbatore: Total offerings reached a high of 6.55 lakh kg at the Coimbatore tea auction on March 30. Leaf grades totalled 2.71 lakh kg and the rest was of the dust. The Orthodox leaf grades saw selective demand. Well-made Nilgiris teas quoted lower by Rs 3 to Rs 4 a kg, others suffered withdrawals. CIS exporters operated albeit selectively. Limited quantities of Orthodox dust were picked at irregular levels. Selected brighter liquoring teas saw some demand the rest remained barely steady. There were export enquiries for the medium/plainer bolder grades, but were quoting Rs 2 lower. Internal buyers extended support on smaller brokens and fannings at market level. Exporters remained selective. There was fair demand for the CTC dust grades. AVT and Indco operated on good liquoring teas. The Orthodox highgrowns ranged between Rs 70 and Rs 75 a kg, while the best CTC dusts ranged between Rs 59 and Rs 66.