Coonoor tea auctions see 95% sales as prices rise
In short
Tea auctions in Coonoor were strong. Global Tea Auctioneers said leaf sales offered 12,78,366 kg and sold 95%, while dust sales offered 3,06,770 kg and also sold 95%.
This suggests buyers such as blenders and exporters were active. The report does not say how much prices rose or which teas got the best bids.
What the reporting says
Coonoor tea auctions saw blenders and exporters lift prices, with Global Tea Auctioneers saying leaf sales offered 12,78,366 kg and achieved 95% sales, while dust sales offered 3,06,770 kg and also achieved 95% sales. The report does not state the price rise amount or which specific grades moved most. The immediate result is strong auction clearance, though the broader price trend is not quantified.
Why it matters
The Coonoor tea auctions saw high sales clearance, with 95% sold in both leaf and dust auctions, according to Global Tea Auctioneers. Blenders and exporters were cited as lifting prices. The event matters for tea growers and auction traders, but the report does not quantify the price increase or identify the main demand driver beyond buyer activity.