Darmona Tea Gets Record Rate At Coonoor Auctions - July 22 , 2008

Coonoor: Darmona Estate and Tea Industry earned a package of credits at Sale No: 29 at the Coonoor Tea Trade Association (CTTA) auctions here on July 18. Three of its leaf grades shot into the Rs 100 - category. Darmona teas were the only brand among CTC purchased-leaf factories to be sold in this category. Its broken pekoe (BP) got Rs 100, while broken orange pekoe (BOP), Rs 104. Its broken orange pekoe fannings (BOPF) grade tot Rs 112 a kg, the highest for the leaf grade of any CTC tea from any purchased-leaf factory so far in 2008. The earlier record was also held by Darmona at Rs 110. Darmona's Rs 112 was the highest price got by any leaf or dust grade CTC teas from any bought-leaf factory in last week's sales.

Selva Ganapathy Supreme got Rs 93, Ella Estate and Professor Rs 90 each, Vigneshwar Estate, Green View Estate, Kannavarai Estate, Shanthi Supreme, Deepika Supreme and Hittakkal Estate Rs 89 each, Homedale Estate Rs 88, Sree Tea Supreme Rs 87, Aroma Estate, Warwick and Highfield Estate Special Rs 86 each. Among the orthodox teas from corporate sector, Parkside got Rs 128, Chamraj Rs 125, Mailoor Rs 121, Coonoor Tea Rs 120, Havukal Rs 107, Tiger Hill Rs 105, Curzon and Glendale Rs 104 each and Kairbetta Rs 101. Some lost Rs 5 a kg. Few CTC leaf lots were taken out of the auction, but improved invoices fetched Rs 2 more. Good demand was seen for brighter liquoring CTC dusts.