Tea Auction Records a Decline in Prices

The weekly Mombasa Tea Auction held on the 8th and 9th June 2020 recorded 12.5 million kilograms offered for sale. The amount of tea on offer increased from 8.7 million kilograms offered for sale during the same period last year.

Of all the tea offered for sale, 10.5 million kilograms were sold compared to 7 million kilograms sold in the same period in 2019.

The sale recorded a decline in prices, with a kilogram selling at an average price of $1.77, compared to $2.04 for the same period last year and $1.81 during the previous auction, held on the 2nd and 3rd of June 2020.

See Also:

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