Coonoor: Prices declined by Rs 2 a kg on the average at Sale No 42 of the auctions of Coonoor Tea Trade Association (CTTA) on Oct 17 as the demand was insufficient to absorb the huge offer of 13.07 lakh kg - the highest for 11 weeks except last week. CTC leaf market saw select demand. Better medium grades lost a rupee a kg. Whole leaf orthodox teas relaxed Rs 3-5. Brokens shed Rs 2-3. Brighter liquoring CTC dusts lost a rupee.
Better medium sorts got Rs 2 lower. On the export front, CIS purchased bolder grades for Rs 72-74 a kg. Egypt picked up medium sorts in the range Rs 74-82. Quotations showed bids ranging from Rs 70-74 a kg for plain leaf grades and Rs 90-97 for the brighter liquoring sorts.
Better medium sorts got Rs 2 lower. On the export front, CIS purchased bolder grades for Rs 72-74 a kg. Egypt picked up medium sorts in the range Rs 74-82. Quotations showed bids ranging from Rs 70-74 a kg for plain leaf grades and Rs 90-97 for the brighter liquoring sorts.
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