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Tea Auction Records Increase in Prices

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The weekly Mombasa Tea Auction held on 17th, 18th, and 19th May 2021 had 12.2 million kilograms of tea offered for sale. The amount on offer decreased from 12.4 million kilograms both for the same period last year, and during the previous sale.

Of all the tea offered for sale, 11.5 million kilograms were sold, compared to 11.1 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 $1.84, compared to $1.80 during the previous sale held on 10th, 11th, and 12th May 2021, but decreased from $1.87 for the same period last year.

Tea Auction Prices
Image Courtesy; Africa Tea Brokers

See Also:

Despite Pandemic, Kenya’s Tea Export Earnings Jump 15% to KSh130 Billion in 2020

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