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Tea Auction Records a Stagnation in Prices

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The weekly Mombasa Tea Auction held on 6th, 7th, and 8th April 2021 had 12.6 million kilograms of tea offered for sale. The amount on offer was the same when compared to both the same period last year, and the previous sale.

Of all the tea offered for sale, 11.1 million kilograms were sold compared to 11.5 million kilograms sold in the same period last year.

The tea auction recorded a stagnation in prices, with a kilogram selling at an average price of $1.82, similar to the previous sale held on 29th, 30th, and 31st March 2021. However, when compared to the same period last year, the prices decreased from $1.96.

Tea Auction Prices
Image Courtesy; Africa Tea Brokers

See Also:

President Kenyatta Signs Tax Amendments, Tea Bills into Law

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