Tea Auction Records an Increase in Prices

The weekly Mombasa Tea Auction held on the 21st and 22nd April, 2020 recorded 12.1 million kilograms of tea offered for sale, compared to 10.4 million kilograms for the same period last year.

Out of all the tea offered for sale, 11.6 million kilograms were sold compared to 9.7 million kilograms for the same period last year.

The auction recorded an increase in prices, with a kilogram selling for an average of $2.12, compared to $2.02 in the previous sale.

See Also:

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Proposed Tax to Hit Brokers in Stocks, Insurance, Tea & Coffee Auctions