Coimbatore Auction Sees Good Demand - Sep 04 , 2008

Coimbatore: The total offerings of tea at the weekly auction held here on Sept 4 totaled to 4.70 lakh kg with leaf grades accounting for 2 lakh kg and the balance 2.70 lakh kg of dust. Well made Nilgiri larger leaf and brokens continued firm, fannings quoted lower by Re 1-Rs 2. CTC leaf saw only fair demand. Best sorts were quoting lower, medium bolder grades ruled firm and the remaining teas were lower by up to Rs 2/ kg. HUL was absent, Tata silent, internal demand limited and exporters operated only on bolder grades.