Darjeeling white tea gets 450% premium over reserve price above Rs 27,000 a kilo at Tea Board’s special auction

Tea Board of India’s special auction for one bud two leaf tea, plucked on the International Tea Day, fetched a record price of Rs 27,560 per kg, reports Financial Express. The auction price commanded a near 450% premium with the reserve price for the variety kept at Rs 6,000 a kg.

Siliguri based Golden Tea House picked up 2 kgs of the handcrafted white tea plucked from Goodricke’s Badamtam garden in Darjeeling, leading to a price discovery of a never before range. Tea connoisseurs, especially in eastern India, pay a huge premium for such handcrafted delicate variety. 

The Orthodox tea from the Chauba garden in Assam fetched the second highest price of Rs 24,010 a kg in the special e- auction with the Kolkata based Golden Tips Tea Company picking up the same quantity.

For the CTC variety Goodricke’s Amgoorie Tea garden got the highest price of Rs 2,510 a kg with the Kolkata based Uniworld Tea Cheers being the buyer.

The e-auction for the specially plucked tea to commemorate the International Tea day, was held in all the eight centres across the country offering a total of 33,381 kgs of tea. The sold volume was 24,761 kgs, fetching an average price of Rs 327 a kg above the average reserve price of Rs 273 a kg, across categories including Orthodox, CTC, Green and White Tea, Rajanigandha Seal Naskar, the Tea Board controller of licensing said.

This year, Tea Board roped in mjunction to operate in a separate auction module with value added services for sale of tea under the tea board framed detail rules and regulations. The e-market place starting its Jorhat operations from last year received offerings of more than 1.3 million kg of tea from Assam, Nagaland and Arunachal Pradesh in the last one year. 

The Jorhat platform auctioned Pabhojan Orthodox tea at a record price of Rs 4,000 a kg, while Diroibam speciality tea was auctioned at Rs 1,000 a kg. The famous Hookhmol CTC was auctioned at Rs 510 a kg, mjunction said.

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