Monday, June 4, 2007

Darmona Tea Brings Highest Bid At Rs 104/Kg

Coonoor: For the third consecutive week, the Aravenu-based Darmona Estate stood in limelight at the auctions of the Coonoor Tea Trade Association (CTTA) when its RD grade of the CTC teas, auctioned by J. Thomas and Co, continued to bring over Rs 100 a kg. The highest bid for the Darmona tea this week was Rs 104. The previous high was for Darmona's tea of last week at Rs 108. Darmona beat several brands of orthodox teas belying the general contention that the CTC teas fetch lower prices than the orthodox teas. Kannavarai is the only other bought-leaf factory to fetch Rs 80 a kg for the CTC teas. In the Rs 75-79 band, Shanthi Supreme, Professor, Green View and Warwick got Rs 77, Dhavala Rs 76 and Selva Ganapathy Rs 75.

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