Tea prices halt 7-week slide at auction
Summary
Tea prices at the Mombasa auction rallied marginally in last week’s sale ending a streak of poor performances witnessed in the last seven sales.
Data from the East Africa Tea Traders Association (Eatta) indicates that the price increased to Sh196 last week from Sh193 previously.
Tuesday April 20 2021
By GERALD ANDAE
Summary
Tea prices at the Mombasa auction rallied marginally in last week’s sale ending a streak of poor performances witnessed in the last seven sales.
Data from the East Africa Tea Traders Association (Eatta) indicates that the price increased to Sh196 last week from Sh193 previously.
Tea auction suspended, faces Sh2bn business loss after police raid
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Tea prices at the Mombasa auction declined to a nine-month low in the latest sale as the cost of the beverage continues to fall in the weekly trade.
Tea prices drop to 14-week low at auction as slide continues
Summary
Data from the East Africa Tea Traders Association (Eatta) indicates that the price of tea dropped to Sh199 last week from Sh204 initially.
The decline in cost saw 17.4 per cent of the total teas brought at the auction withdrawn by traders because of low prices, marking the second highest volumes to be taken out of trading since the beginning of the year.
Wednesday April 07 2021
By GERALD ANDAE
Summary
Data from the East Africa Tea Traders Association (Eatta) indicates that the price of tea dropped to Sh199 last week from Sh204 initially.
Tea prices touch 18-week high at Mombasa auction
Wednesday March 10 2021
By GERALD ANDAE
Summary
Tea prices at Mombasa auction rallied last week to touch the two-dollar per kilo mark for the first time in 18 weeks, indicating demand e is picking up amid a decline in volumes.
Data from the East Africa Tea Traders Association indicates that the price of the beverage increased from Sh216 ($1.97) in the previous week to Sh220 ($2.00) last week.
This was the sixth straight time that the price of the commodity has gone up at the weekly auction.
Tea prices at Mombasa auction rallied last week to touch the two-dollar per kilo mark for the first time in 18 weeks, indicating demand is picking up amid a decline in volumes.
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