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Tea Auction Records a Slight Fall in Prices

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The weekly Mombasa Tea Auction held on 18th and 19th October 2021 had 9.5 million kilograms of tea offered for sale. The amount on offer was the same as during a similar period last year, but increased from 8.7 million kilograms during the previous sale.

Of all the tea offered for sale, 7.65 million kilograms were sold compared to 8.7 million kilograms for the same period last year, and 7.7 million kilograms during the previous sale.

The tea auction recorded a decrease in prices, with a kilogram selling at an average price of $2.27, compared to $1.92 during the same period last year, and $2.29 during the previous sale held on 12th and 13th October 2021.

Image Courtesy; Africa Tea Brokers

See Also:

Unilever Approves Transfer of Stake in Limuru Tea to UK’s TeaCo

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