At Rs 700 a kilo, record price for Assam CTC

KOLKATA: Assam’s Halmari estate created a world record on Tuesday by fetching Rs 700 a kilo for its CTC tea in the pan-India e-auction.
The last global-best price for CTC tea was fetched by a second flush variety from the same garden at Rs 600 per kg on July 14, 2016.
On Tuesday’s Sale No. 17, auctioned by Kolkata-based J Thomas & Co, renowned south Kolkata retailer Mahabodhi Tea House bought 307.8 kg of first flush Halmari Broken Orange Pekoe (BOP) at Rs 700 per kg.
Industry experts believe this variety can command a price of Rs 1,000-Rs 1,200 per kilo in the retail market.