Tea Auction Records Slight Increase in Prices

The weekly Mombasa Tea Auction held on 5th, 6th, and 7th July 2021 had 12.8 million kilograms of tea offered for sale. The amount on offer increased from 12.6 million kilograms for the same period last year, and from 13.6 million kilograms offered during the previous sale.

Of all the tea offered for sale, 11.7 million kilograms were sold, compared to 10.5 million kilograms for the same period last year, and 11.9 million kilograms sold during the previous sale.

The tea auction recorded a slight increase in prices, with a kilogram selling at an average price of $1.66, compared to $1.64 during the previous sale held on 28th, 29th, and 30th June 2021, but decreased from $1.73 during the same period last year.

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Kapchorua Tea Posts 64% Drop in Net Profit as Tea Prices Fall