Improved arrivals hit tea costs at Coonoor auctions

Elevated arrivals had their impression on tea costs at Coonoor auctions with a reported decline in choices throughout varieties.

In line with merchants, the public sale platform is witnessing a declining pattern within the wake of improved manufacturing. Nevertheless, they cautioned that the current unfavourable local weather with heavy winds and rains throughout plantations is more likely to cut back manufacturing within the coming days.

International tea auctioneers stated the amount supplied in leaf grades was 20,93,415 kg with a gross sales proportion of 85, and in mud grades, it was 6,83,315 kg, witnessing a 73 per cent gross sales.  

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In leaf CTC, the high-priced and higher liquoring types have been barely regular to often dearer by ₹2-3 and extra at occasions in keeping with high quality. The higher medium types have been barely regular to dearer by ₹1-2, and infrequently some heaps bought simpler by ₹2-3 as effectively. The mediums types had honest demand and bought regular to dearer by ₹1-2.

In leaf orthodox, the first entire leaf grades had honest demand and bought dearer by ₹2-3. The first brokens have been decrease by ₹3-4, with some withdrawals.

The high-priced and higher liquoring types in CTC mud have been dearer by ₹3-4, and infrequently some heaps have been decrease by ₹2-3. The higher medium types have been decrease by ₹2-3. Usually, much less demand was observed within the general CTC mud sale.

In mud orthodox, the first grades have been decrease by ₹5-6 and extra at occasions. The secondaries and finer dusts have been barely regular to simpler by ₹1-2.