Assam’s Halmari tea estate has created a world record 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 on Tuesday by a second flush variety from the same garden at Rs 600 per kg on July 14, 2016, The Times Of India reported.
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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 Oragnge 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.
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