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    Prices Fall Marginally at Weekly Tea Auction

    Eunniah
    By Eunniah Mbabazi
    - July 19, 2022
    - July 19, 2022
    AgricultureAgricultureKenya Business newsKenya Business news
    Prices Fall Marginally at Weekly Tea Auction

    The weekly Mombasa Tea Auction held on 12th, 13th, and 14th July 2022 had 12.4 million kilograms of tea offered for sale. The amount on offer increased from 12.2 million kilograms during the previous sale, but decreased from 13.4 million kilograms offered during a similar period last year.

    Of all the tea offered for sale, 8.9 million kilograms were sold, compared to 9.8 million kilograms during the previous sale, and 6.5 million kilograms during the same period last year.

    The tea auction recorded a slight decrease in prices, with a kilogram selling at an average price of $2.23, compared to $2.25 during the previous sale held on 4th, 5th, and 6th July 2022, but increased when compared to the $1.54 fetched during the same period last year.

    Tea Auction Prices
    Image Courtesy: Africa Tea Brokers

    See Also:

    Russia – Ukraine War Slashes Tea Exports by More than KSh598 Million

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