Coonoor Tea Auctions To See 4-Week Low Volume

Coonoor: A volume of 7.46 lakh kg has been catalogued for Sale No: 15 of the auctions of Coonoor Tea Trade Association (CTTA) to take place here on April 19 and April 20. It is some 90,000 kg lower than the offer of last week. It is some 1.12 lakh kg lower than the offer in the corresponding sale of last year. Of the 7.46 lakh kg on offer now, as much as 5.49 lakh kg belong to the leaf grades and 1.97 lakh kg, dust grades. The proportion of orthodox variety is low in both the leaf and dust categories. In the leaf category, only 0.39 lakh kg belong to orthodox while 5.10 lakh kg, CTC variety. In the dust category, only 0.34 lakh kg belong to orthodox variety while 1.63 lakh kg, CTC variety. Given the low volume, prices can improve if the demand stands firm.