Monday, September 22, 2008

Market Turned Anxiously High - Sep 22, 2008

Coonoor: Market turned anxiously high when demand was strong enough to absorb the 24-week low offer of 10.15 lakh kg at Sale No. 38 of the auctions of Coonoor Tea Trade Association (CTTA) on Sept 19. About 50 marks of CTC teas from bought-leaf factories shot into the Rs 100 price-band. Six marks of Darmona Estate, auctioned by J Thomas and Co, got over Rs 100 a kg. Homedale Factory, auctioned by Global Tea Brokers, created a record with 8 marks foraying into Rs 100 price-band in a single auctionAmong orthodox teas from corporate sector, Chamraj got Rs 155 a kg, Havukal Rs 152, Curzon Rs 148, Nonsuch Rs 144, Mailoor Rs 133, Coonoor Tea Rs 126, Terramia and Kairbetta Rs 125 each

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