GUWAHATI: A line of CTC PF grade of Deckiajuli Tea Estate Auctioned by J Thomas & Co at a record price of Rs 651 per kg and another BP grade sold at Rs 605 per kg at Guwahati Tea Auction Centre (GTAC) in Assam on Wednesday

These are the highest prices for the year 2024 so far. GTAC is always considered a hub of quality teas and is preferred by both buyers and sellers. 

Ready for a challenge? Click here to take our quiz and show off your knowledge!

โ€œThese quality producing gardens selling their teas through the auction platform always get the best prices for their produce,โ€ Guwahati Tea Auction Buyers Association (GTABA) secretary Dinesh Bihani said.

Parry Agro Industriesย Ltdโ€™sย senior general manager (marketing), Joeย Louisย said that Deckiajuli improved its quality from last year. The company took a policy to manufacture top CTC qualityย seeingย the premium received from the buyers.

Also Read: Assam: Unidentified dead body found in Guwahati, murder suspected

Ready for a challenge? Click here to take our quiz and show off your knowledge!

โ€œDeckiajuli continues to be on the same path and has produced consistent top-quality tea. These prices are recognition of the hard work and good practices followed by the Parry Agro team and support from the buyers and the market,โ€ Bihani said.  

Last year a line of Haroocharai sold at a record price of Rs 705 and Halmari sold at Rs 670. In recent times, various stakeholders are not in favour of the auction system which is not true.

โ€œIn GTAC auction sales,ย nowย more than 100ย lots are selling between Rs 350-500. It means quality is always appreciated and remunerated with lucrativeย prices,โ€ย Bihaniย alsoย said.ย 

โ€œThe higher the price realisation in auction will result in prices to small tea growersย who areย making good quality leaf,โ€ย he also said.

Also Read: Assam: Govt compensates families for demolished homes in Batadrava

โ€œIn private sale, no one knows at what prices teas are sold and how small growers get reasonable price of their green leaves,โ€ he further said. 

โ€œThis year Guwahati Tea Auction Centre (GTAC) has reduced its printing time to sell the teas in auction. Now, Sellers can sell their produce and get payment within 30 days. This will considerably help in improving sellers’ Cash flow and cost realisation.  Some sellers prefer to sell their quality tea in private and remaining unsold teas selling through GTAC which brings down auctions averages,โ€ he added.