Prices crash to year’s lowest in Coonoor tea auctions

In spite of the regular price crashing to ₹120.eleven a kg – the least expensive so considerably this calendar, there had been no takers for about 30 for every cent of the provide at Sale No: thirteen of the auction of Coonoor Tea Trade Association as the desire was significantly less owing to Superior Friday / Easter holiday seasons.

For that reason teas value about ₹5.28 crore remained unsold.

Homedale Estate’s Pink Dust quality, auctioned by World-wide Tea Brokers, topped the total auction when GLT Enterprises purchased it at ₹305 a kg.

Among the other CTC teas, Pinewood Estate obtained ₹302, Crosshill Estate Unique ₹ 220, Vigneshwar Estate ₹ 219 and Hittakkal Estate ₹ 206,

Among the orthodox teas, Chamraj obtained ₹ 276, Kodanad ₹ 265, Havukal ₹ 238, Kairbetta ₹ 236, Glendale ₹ 225, Kil Kotagiri ₹ 222, Mailoor and Nonsuch Orthodox ₹ 216 each and every and Devashola

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Mustard prices up on higher offtake, bullish global trend

Mustard price ranges are ruling larger than the minimum amount aid cost (MSP) set by the Centre on larger need and a bullish craze in edible oil price ranges. Rates of the oilseed have gained irrespective of projections of a record harvest, with the harvest time just about starting off.

Mustard price ranges are at this time ruling ₹1,000 a quintal larger or about a fourth about the identical time period past calendar year. Now, marketplace price ranges are ruling larger by about a tenth above the MSP of ₹ four,650 for every quintal throughout various markets in Rajasthan, the biggest producer of the winter or rabi oilseed. In markets these kinds of as Alwar, Baran and Tonk in Rajasthan, wherever arrivals exceeded about 1,000 tonnes on Monday, modal price ranges or the charge at which most trades took location, ranged concerning ₹ 5,000 and ₹ 5,300 for every quintal,

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