Tea Auction Records a Decline in Prices

The weekly Mombasa Tea Auction held on the 6th and 7th July 2020 recorded 12.6 million kilograms offered for sale. The amount on offer recorded an increase from 10.8 million kilograms offered for sale during the same period last year, and a slight increase from 12.5 million kilograms last week.

Of all the tea offered for sale, 10.5 million kilograms were sold compared to 8.7 million kilograms sold in the same period in 2019 and 10.1 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.

The sale recorded a decrease in prices, with a kilogram selling at an average price of $ 1.78, compared to $1.81 in the previous sale, held on the 29th and 30th of June 2020, and a decrease from $1.82 for the same period last year.

See Also:

KTDA Tea Prices Rise at the Last Auction of 2019

Tea Auction Brokers to Retain KSh1.4 Billion Fixing Fees