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Internal buying, export demand lift dust prices at Coonoor Tea auctions

November 25, 2024
in Economic
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Internal buying, export demand lift dust prices at Coonoor Tea auctions
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Traders Report Higher Sales Percentage in CTC Dust

According to the latest reports from traders, there has been a significant increase in the sales of CTC dust, with an impressive 96 per cent sales out of the offered quantity of 5,49,799 kg. This news has been welcomed by the tea industry, as it indicates a positive trend in the market.

The rise in sales can be attributed to the good enquiries for dust sales and the firming up of prices in sale 47. This has created a sense of optimism among traders, who are predicting a further increase in demand for CTC dust in the coming weeks.

CTC (Crush, Tear, Curl) tea is one of the most popular forms of tea in the world, known for its strong and bold flavor. CTC dust, which is the smallest grade of CTC tea, is used in tea bags and is preferred by many tea drinkers for its convenience and quick brewing time. It is also widely used in the production of iced tea and instant tea mixes.

The increase in sales of CTC dust is a positive sign for the tea industry, which has been facing challenges in recent years due to changing consumer preferences and the rise of alternative beverages. However, with the rise in demand for CTC dust, it seems that the tide is turning in favor of the tea industry.

Traders have reported that the demand for CTC dust has been strong across all segments, including domestic and international markets. This is a clear indication that consumers are once again turning towards the traditional and beloved beverage of tea.

The firming up of prices in sale 47 has also been a major factor in the increase in sales. This has been welcomed by both traders and tea producers, as it ensures a fair price for their products. It also encourages them to continue producing high-quality CTC dust, which is crucial for maintaining the reputation of Indian tea in the global market.

The increase in sales of CTC dust has also had a positive impact on the overall tea market, with the prices of other tea grades also seeing a rise. This is a good sign for the tea industry as a whole, as it indicates a healthy and competitive market.

Traders are optimistic that the trend of higher sales in CTC dust will continue in the upcoming auctions. This is a testament to the quality and popularity of Indian tea, which has been a favorite among tea lovers around the world for centuries.

The rise in sales of CTC dust is also a result of the efforts made by the tea industry to promote and market Indian tea globally. The Tea Board of India has been actively promoting Indian tea in various international markets, showcasing its unique flavors and health benefits. This has helped in creating a positive image of Indian tea and has contributed to the increase in demand for CTC dust.

In conclusion, the news of higher sales percentage in CTC dust is a positive development for the tea industry. It not only indicates a rise in demand for CTC dust but also has a ripple effect on the overall tea market. Traders and producers are hopeful that this trend will continue, and Indian tea will once again regain its position as the preferred beverage of choice for tea lovers worldwide.

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