Friday, May 25, 2007

Low Tea Volume At Coonoor

Coonoor: The volume of teas coming up for sale at the auctions of the Coonoor Tea Trade Association (CTTA) remains to be low with the catalogue for this week totalling 6.34 lakh kg. In the corresponding sale of last year, a volume of 11.3 lakh kg had been offered. Of the 6.34 lakh kg, as much as 4.34 lakh kg belong to the leaf grades and only 2 lakh kg, dust grades. Again, as much as 5.8 lakh kg belong to the CTC variety and only 0.54 lakh kg, orthodox variety. In the leaf category, orthodox accounts for only 0.22 lakh kg, while the CTC is 4.12 lakh kg. In the dust category, orthodox comes to 0.32 lakh kg, while the CTC is 1.68 lakh kg. The low volume arises from the dry weather of the last couple of months. The prices of quality teas rose even as other struggled to remain steady.

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