Home ECONOMY Tea Auction Records another Fall in Prices

Tea Auction Records another Fall in Prices

by biasharadigest

The weekly Mombasa Tea Auction held on 28th, 29th, and 30th June 2021 had 13.6 million kilograms of tea offered for sale. The amount on offer increased from 12.5 million kilograms for the same period last year, and from 13 million kilograms offered during the previous sale.

Of all the tea offered for sale, 11.9 million kilograms were sold, compared to 10.1 million kilograms for the same period last year, and 11 million kilograms sold during the previous sale.

The tea auction recorded a sharp decrease in prices, with a kilogram selling at an average price of $1.64, compared to $1.67 during the previous sale held on 21st, 22nd, 23rd, and 24th June 2021, and $1.81 during the same period last year.

Tea Auction Prices
Image Courtesy; Africa Tea Brokers

See Also:

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

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