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Tea Auction Continues to Record a Fall in Prices

by kenya-tribune
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The weekly Mombasa Tea Auction held on 29th, 30th, and 31st March 2021 had 12.6 million kilograms of tea offered for sale. The amount on offer increased from 12.4 million kilograms offered in the same period last year, but decreased from 12.7 million kilograms offered in the previous sale.

Of all the tea offered for sale, 11.1 million kilograms were sold compared to 11.7 million kilograms sold in the same period last year.

The tea auction recorded a decrease in prices, with a kilogram selling at an average price of $1.82, compared to $1.88 during the previous sale held on 22nd, 23rd and 24th March 2021, and from $1.94 for the same period last year.

Image Courtesy; Africa Tea Brokers

See Also:

Tea Bill to Guarantee Farmers Payments within 14 Days after Auction

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