Coonoor: Prices increased a tad at the Sale No: 17 of the auctions held by the Coonoor Tea Trade Association (CTTA) here on April 27, as the demand was fair enough to absorb the low volume of improved quality teas on offer. Only 7.17 lakh kg were offered for sale. But, the prices rose only 50 paise to one rupee a kg as the purchasers chose to adjust the 4 per cent VAT against their bids. On the export front, CIS shippers chose some bolder grades for Rs 44-45 a kg. Exporters to Pakistan bought some select lines teas for around Rs 43. JV Gokal competed for the whole leaf orthodox grades. JFK bought some medium brokens and fannings.
Plainer CTC dusts were barely steady. Lesser high grown orthodox dusts were neglected. Fibrous sorts eased up to Rs 3 a kg. Among the CTC teas from bought-leaf factories, Highfield Estate Special and Homedale Estate got the highest price of Rs 80 a kg. Darmona Estate got Rs 79, Dhavala Estate Rs 78, Professor Rs 77, Vigneshwar Estate and Selva Ganapathy Estate Supreme got Rs 76. Among the orthodox teas from corporate sector, Curzon got the highest price of Rs 136 a kg, followed by Kodanaad at Rs 134. Corsley got Rs 128, Glendale Rs 127, Prammas Rs 125, Tiger Hill and Chamraj Rs 124, Sutton Rs 121, Parkside Rs 117, Erinkadu Rs 114 and Mailoor Rs 110. Quotations held by the brokers indicated bids ranging from Rs 39-40 a kg for the plain leaf grades and Rs 58-64 for the brighter liquoring grades.
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