Tea prices drop marginally as global supplies increase
Monday May 10 2021
By GERALD ANDAE
Summary
Tea prices at the Mombasa auction declined marginally during last week’s sale, interrupting a rally from the previous trading after seven weeks of subdued earnings.
Data by the East Africa Tea Traders Association (Eatta), which runs the auction shows that the price of the commodity declined to Sh198 last week from Sh200 in the previous sale.
Tea prices at the Mombasa auction declined marginally during last week’s sale, interrupting a rally from the previous trading after seven weeks of subdued earnings.
Data by the East Africa Tea Traders Association (Eatta), which runs the auction shows that the price of the commodity declined to Sh198 last week from Sh200 in the previous sale.
Detectives raid auction in tea earnings probe
Tuesday April 20 2021
Police officers in Kenya Tea Development Agency (KTDA) Nairobi offices on April 17, 2021. PHOTO | JEFF ANGOTE | NMG
By GERALD ANDAE
Summary
Detectives looking into the activities of the Kenya Tea Development Agency (KTDA) extended their raid to Mombasa auction as the State seeks to unravel the reasons behind persistent low earnings by farmers.
The Friday searches at the East Africa Tea Traders Association (Eatta) offices in Mombasa and KTDA headquarters in Nairobi happened concurrently.
Detectives looking into the activities of the Kenya Tea Development Agency (KTDA) extended their raid to Mombasa auction as the State seeks to unravel the reasons behind persistent low earnings by farmers.
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.