Tea Auction Records another Drastic Fall in Prices

The weekly Mombasa Tea Auction held on 14th, 15th, 16th, and 17th June 2021 had 12.2 million kilograms of tea offered for sale. The amount on offer decreased from 13.4 million kilograms for the same period last year, and from 12.8 million kilograms offered during the previous sale.

Of all the tea offered for sale, 10.9 million kilograms were sold, compared to 10.7 million kilograms for the same period last year, and 11 million kilograms during the previous sale.

The tea auction recorded a sharp decrease in prices, with a kilogram selling at an average price of $1.74, compared to $1.81 during the previous sale held on 7th, 8th, 9th, and 10th June 2021, and $1.78 during the same period last year.

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