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Prices Continue to Rise at Weekly Tea Auction

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The weekly Mombasa Tea Auction held on 29th and 30th November 2021 had 11.5 million kilograms of tea offered for sale. The amount on offer decreased from 12.3 million kilograms during the previous sale, but increased from 10.5 million kilograms during a similar period last year.

Of all the tea offered for sale, 10.2 million kilograms were sold compared to 9.5 million kilograms for the same period last year, and 11 million kilograms during the previous sale.

The tea auction recorded an increase in prices, with a kilogram selling at an average price of $2.46, compared to $2.40 during the previous sale held on 22nd, 23rd, and 24th November 2021, and $1.85 during the same period last year.

Image Courtesy; Africa Tea Brokers

See Also:

Limuru Tea Plc cuts H1 Net Loss to KSh8.6 Million



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