Coonoor: An analysis of the catalogues of the various brokers shows that the offer for the sale no: 47 of the auctions of the Coonoor Tea Trade Association (CTTA) to be held here on Thursday and Friday is the lowest of the last 23 weeks.
The volume totals 9.27 lakh kg - as much as 1.16 lakh kg lower than last week’s offer. It is as much as 5.37 lakh kg lower than the volume offered this time last year. Frost and blister blight in various plantation pockets have reduced the harvest.
Of the 9.27 lakh kg, fresh teas are said to account for 6.56 lakh kg.
The balance is the volume of teas which remained unsold in previous auctions. Of the 9.27 lakh kg, as much as 6.81 lakh kg belong to the leaf grades and 2.46 lakh kg belong to the dust grades. Again, as much as 8.75 lakh kg belong to CTC variety and only 0.52 lakh kg, orthodox variety.
The proportion of orthodox continues to be low in both the leaf and dust grades. In the leaf counter, only 0.19 lakh kg belong to the orthodox while 6.62 lakh kg, CTC.
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