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    1.0.32

    Tea Auction Records a Slight Increase in Prices

    Eunniah
    By Eunniah Mbabazi
    - July 04, 2020
    - July 04, 2020
    AgricultureKenya Business newsKenya Business newsMarkets
    Tea Auction Records a Slight Increase in Prices

    The weekly Mombasa Tea Auction held on the 29th and 30th June 2020 recorded 12.5 million kilograms offered for sale. The amount on offer recorded an increase from 10.9 million kilograms offered for sale during the same period last year, and a decrease from 12.9 million kilograms last week.

    Of all the tea offered for sale, 10.1 million kilograms were sold compared to 9.1 million kilograms sold in the same period in 2019 and 11.7 million kilograms in the previous sale.

    The sale recorded a slight increase in prices, with a kilogram selling at an average price of $1.81, compared to $1.78 in the previous sale, held on the 22nd and 23rd of June 2020, and a decrease from $1.82 for the same period last year.

    Tea Auction Prices. Image Courtesy: Africa Tea Brokers
    Prices. Image Courtesy: Africa Tea Brokers

    See Also:

    Tea Auction Brokers to Retain KSh1.4 Billion Fixing Fees

    Kericho County to Set up KSh150 Million Tea Factory and a Tea Auction

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