Topic
coonoor
Orthodox Tea Prices Edge Up at Coonoor Auctions as West Asia Truce Boosts Demand
Tea prices were marginally up at Coonoor auctions last week, driven by improved demand for orthodox varieties following the normalisation of issues in West Asia after a recent truce. Sales volumes were robust, with leaf categories seeing 95% of offered quantity sold, while dust achieved 92%. Price movements varied by grade, with orthodox primary whole leaf and brokens dearer by ₹4–5 per kg.
Blenders and Upcountry Buyers Drive Tea Prices Higher at Coonoor Auctions
Tea prices at Coonoor auctions rose by Rs2 per kg on average, driven by brisk demand from blenders and upcountry buyers. Lower offerings supported the uptick, with CTC leaf and orthodox grades showing varied price movements.
Commodities Muted Demand Pressures Tea Prices at Kochi Auctions
Tea prices at Kochi auctions have declined due to muted demand and geopolitical tensions in West Asia. The auction saw a decrease in prices for popular grades, with a notable drop in CTC dust market prices.