Weekly Tea Auction Prices Hit $2.40 per Kilogram

The weekly Mombasa Tea Auction held on 22nd, 23rd, and 24th November 2021 had 12.3 million kilograms of tea offered for sale. The amount on offer was the same as during the previous sale, and from 10.9 million kilograms during a similar period last year.

Of all the tea offered for sale, 11 million kilograms were sold compared to 9.3 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 $2.40, compared to $2.26 during the previous sale held on 15th, 16th, and 17th November 2021, and $1.88 during the same period last year.

Kapchorua Tea posts Half-Year Earnings of KSh25.7 Million from Loss Territory