Friday, June 27, 2008

Good Export Demand For Coimbatore Tea Auctions See - June 27,2008

Coimbatore: Despite higher volume on offer, tea rates were dearer last week with exporters picking quality teas. Though internal purchasers were active in select counters, Hindustan Unilever Ltd was absent. The total offerings at the weekly auction held at the Tea Trade Association here on June 27 totaled to 6.47 lakh kg with leaf grades accounting for 2.33 lakh kg and the balance 4.14 lakh kg of dust grades. CIS exporters and purchasers for the West Asian market lent fair support. There was good support from internal purchasers. The demand was generally good for the CTC leaf grades. Clean and blacker teas were quoting dearer by up to Rs 2.

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