Coonoor Tea Sales Turnover Increases Rs 97cr

Producers who sold their teas via the 35 sales held in the eight months of 2008 at the auctions of Coonoor Tea Trade Association (CTTA) have earned Rs 97.28 crore more than in the same period of 2007. In all, 3.43 crore kgs were sold against 2.34 crore kgs. On an average, every kg got Rs 14 more to increase to Rs 59.24. This marked an increase of Rs 97.28 crore or 92 per cent. Earnings rose for both the orthodox and CTC teas. Of the 3.43 crore kgs, CTC teas calculated for 3.20 crore kgs. Prices increased to an average of Rs 59.03 a kg from Rs 44.24. The volume of orthodox teas totalled 2.27 million kgs against 1.98 million kgs last year