Coonoor Tea Price Increases

Coonoor: Prices increased on the average a rupee a kg at sale No: 19 held by Coonoor Tea Trade Association (CTTA) here on May 11, with the demand matching to absorb the low volume on offer. Only 6.47 lakh kgs were on offer. But purchasers showed interest to pick up only those lines, which showed an improvement in quality. In all, some 20 per cent of the offer went unsold. On the export front, Pakistan continued to show interest for the well made brokens at Rs 42 to 43 a kg. CIS shippers picked up bolder varieties for around Rs 44 to 45. Among the corporate buyers, Hindustan Lever Ltd (HLL) showed interest for the good medium sorts.