11.8 Lakh Kg Volume On Offer At Coonoor Tea Auction

Coonoor: A volume of 11.72 lakh kg has been catalogued for Sale No. 39 of the Coonoor Tea Trade Association auction to take place on Sept 27 and Sept 28. This is the highest volume in the last nine weeks hope for Sale No. 32 which took place on August 9 with a volume of 11.8 lakh kg. This week's offer is higher than last week's by 60,000 kg and as much as higher by 2 lakh kg than that of last year. Again, as much as 10.96 lakh kg belong to CTC variety and only 0.76 lakh kg orthodox variety. In the leaf counter, only 0.25 lakh kg belong to orthodox while 8.01 lakh kg CTC. Among the dusts, only 0.51 lakh kg belong to orthodox while 2.95 lakh kg CTC. The increased volume can hit prices if the demand fails to increase proportionately. Last week, prices dropped Rs 2 a kg on the average due to sluggish demand.