Assam CTC Tea Breaks Auction Records with Rs 1,506 per Kilo

Assam CTC tea achieved a record-breaking auction price of Rs 1,506 per kilogram on June 11, at the Kolkata auctions. Assam Tea Brokers Private Limited Director Nisheeth Bijawat confirmed the sale to Mihir Gold's client in Hyderabad. Previously, the highest prices for CTC tea were Rs 1,111 and Rs 803 per kilo.


PTI | Kolkata | Updated: 18-06-2024 15:20 IST | Created: 18-06-2024 15:20 IST
Assam CTC Tea Breaks Auction Records with Rs 1,506 per Kilo
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In an unprecedented event, Assam CTC tea has garnered its highest ever auction price, with one kilogram sold for Rs 1,506. This landmark transaction occurred on June 11 during the Kolkata auctions.

The Director of Assam Tea Brokers Private Limited, Nisheeth Bijawat, announced that Mihir Gold purchased the tea on behalf of a client in Hyderabad. He stated, "This is the highest ever price that any CTC tea has got at the auctions. The quantity offered for sale of this particular variety is around 420 kilogrammes."

Before this, the highest recorded prices for the crush, tear, curl (CTC) variety stood at Rs 1,111 per kilo and Rs 803 per kilo. This latest sale marks a significant milestone in the history of Assam CTC tea auctions.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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