Wednesday, September 19, 2007

Coonoor Tea Affected By Dull Demand

Coonoor: Prices continued to fall at Sale No: 37 of the Coonoor Tea Trade Association (CTTA) last weekend with the excess volume of 40,000 kg over the previous week finding it hard to fetch purchasers. Browner teas lost much more. Brokens and fannings among the orthodox leaf lost due to irregular bids. Secondary orthodox teas eased Rs 3. Among the corporate purchasers, Hindustan Unilever Ltd showed interest on good medium sorts. Girnar and JV Gokal operated on the broken orthodox leaf. On the export front, Pakistan picked up blacker well-made sorts from around Rs 38-40 a kg.

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