Coonoor Auction Sees Quality Teas Fetch Premium - Oct 10, 2008

Coonoor: Despite rates falling and teas getting withdrawn from Sale No. 40 of the Coonoor Tea Trade Association (CTTA) auction last weekend, quality invoices got premium prices, an analysis of the buying pattern reveals. The Quotations held by brokers shows bids ranging from Rs 68-73 a kg for plain leaf grades and Rs 90-96 for the brighter liquoring sorts. They ranged Rs 73-76 a kg for plain dust grades and Rs 100-118 for brighter liquoring sorts. As many as 25 marks of CTC teas of bought-leaf factories remained in Rs 100 price-band.

Five marks of Darmona Estate, auctioned by J Thomas and Co, sold well above Rs 100 a kg in the CTC bought-leaf segment. Two of its dusts grades, SRD and SFD, got the week's highest price of Rs 119 a kg each. Three were dust grades - BOPF (Rs 117), BOP (Rs 111) and BP (Rs 110). Likewise, five marks of Homedale Tea Factory, auctioned by Global Tea Brokers, entered Rs 100 price-band.

Coonoor Auction Sees Goog Demand For Quality Tea Sep 15, 2008

Coonoor: As many as 20 marks of purchased leaf tea factories got more than Rs 100 a kg for their CTC teas at Sale No: 37. Darmona and Homedale were the only marks that could remain in the Rs 100 price-band in CTC leaf market. In CTC dust market, Kannavarai Estate got Rs 106 for SRD and Rs 100 for SFD grades. Among orthodox teas from corporate sector, Havukal and Chamraj received Rs 142 each, Nonsuch Rs 139, Curzon Rs 136 and Mailoor Rs 134. Quotations conducted by brokers indicated bids ranging from Rs 58-62 a kg for plain leaf grades and Rs 88-92 for the brighter liquoring sorts.