Monday, August 4, 2008

Coonoor Tea Prices Increase - Aug 04 , 2008

Coonoor: Prices increased by Rs 4 a kg at Sale No: 31 of the Coonoor Tea Trade Association (CTTA) auctions here on Aug 1 as the demand was strong enough to absorb the huge volume of 13.39 lakh kg at high bids. Both exporters and domestic traders actively competed. They have good demand from Gujarat, Maharashtra, Punjab, Rajasthan and Karnataka. Whole leaf orthodox teas sold Rs 5-12 a kg more. Brokens got Rs 2-3 more.

High-priced CTC leaf grades were dearer by Rs 2-4. Plainers also increased by Rs 2-4. Primary orthodox dusts were up by Rs 5-10. Brighter liquoring CTC dusts got Rs 2-3 more. Better medium and medium grades appreciated by Rs 3. Plainers were dearer up to Rs 2. Among exporters, Pakistan purchased blacker cleaner sorts paying up to Rs 81 a kg.

CIS operated on bolder grades from Rs 56-64. Egypt got medium CTC dusts for up to Rs 64. Tunisia purchased CTC leaf at Rs 76. Kenya bought CTC smaller dusts for Rs 64.

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