Tuesday, April 17, 2007

Tea Sales At Coimbatore Witnesses Fair Demand

Coimbatore: The total offerings at the auction held at the Tea Trade Association of Coimbatore totaled to 3.94 lakh kg, of which leaf grades accounted for 1.86 lakh kg and the rest was dust. HLL remained silent and internal demand, limited to whole leaf grades. Internal buyers and few exporters operated on the orthodox dust. The market remained good for the CTC leaf grades. CTC dust saw good demand. Major blenders lent selective support on medium bolder teas. Internal buyers were active picking good liquoring teas. Export demand was selective for the medium grades. The orthodox high growns quoted between Rs 65 and 85, while the best CTC ruled in the Rs 47 - 53 price range.

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