National · National
Blenders, exporters lift tea prices at Coonoor auctions
Source: Hindu BusinessLine · 3 hr ago
Summary
Support from tea blenders and exporters has pushed up prices at the Coonoor auctions, with medium‑grade CTC leaf lots selling firm to higher rates, while the highest‑priced teas fell slightly. Overall sales were strong, with about 98 % of leaf and 85 % of dust sold, though the total volume offered remains low and is unlikely to rise soon because of upcoming holidays.
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From the original report
Blenders and exporters boost Coonoor tea prices amid strong leaf sales, despite limited auction quantities and mixed bid activity.
Excerpt from Hindu BusinessLine.
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