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Prices Fall Marginally at Weekly Tea Auction

Eunniah MbabazibyEunniah Mbabazi
July 19, 2022
in Agriculture, Kenyan News
Reading Time: 2 mins read
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.

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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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