How to identify the level of tooth a paper has?
This paper is fine for colored pencils. But its weight is maybe a bit low, so do not erase too much. Also you will probably have the grain still apparent even after several layers. But it is not necessarily a drawback, if it is the finish you want for your drawings.

To test your paper you can try to color little surfaces with different pressures, thus you will find the optimal pressure for your type of paper and colored pencils. Also you can try to layer different colors, in order to see after how many layers the paper starts to saturate.