Friday, May 11, 2007
Coonoor Faces Lower Tea Volume
Coonoor: The declining trend in the arrival of crop for the auctions of the Coonoor Tea Trade Association (CTTA) maintains this week with the catalogue showing low listings. In all, only 6.47 lakh kg have been catalogued for the sale to take place on May 10 and May 11. In the corresponding sale of last year, a higher volume of 11.33 lakh kg had been offered. Of the 6.47 lakh kg on offer, as much as 4.49 lakh kg belong to the leaf category and only 1.98 lakh kg is dust category. Again, as much as 5.69 lakh kg belong to the CTC variety and only 0.78 lakh kg, orthodox variety. In the leaf, only 0.32 lakh kg belong to orthodox, while 4.17 lakh kg is CTC. In the dust category, only 0.46 lakh kg belong to orthodox while 1.52 lakh kg is CTC. The low volume can bring about a rise in price if the demand increases proportionately.
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