Low volume Offer At Coonoor Tea Auctions

Coonoor: Following the low arrivals for the auctions of the Coonoor Tea Trade Association (CTTA), the catalogues for the sale no.33 to be held here on Aug 16 and Aug 17 add up to only 9.99 lakh kg - the lowest of the last nine weeks. Of the 9.99 lakh kg, as much as 7.35 lakh kg belong to the leaf grades, while 2.64 lakh kg belong to the dust grades. Again, as much as 9.22 lakh kg belong to the CTC variety and only 0.77 lakh kg, orthodox variety. In the dust grade, only 0.41 lakh kg belong to the orthodox variety and 2.23 lakh kg to the CTC variety. The low offer can increase the prices if the demand firms up. The purchasers chose quality invoices and some 25 per cent of the browner sorts remained unsold.