WEEK 48, 2017

Tea market report 27 November – 1 December 2017

Perfect market mechanics drove the Mombasa auction this week, with continually healthy and outstanding auction figures, a clear easy trend was recorded. Egyptian types were the only teas not to receive a downward stroke thanks to healthy competition. The October crop figure was released at 43.4 m.kg up from 2016’s 41.3 m.kg. 2017 production has been largely defined as a deficit from 2016, attributed to low volumes in the beginning of the year. …

“The world is the great gymnasium where we come to make ourselves strong.” – Swami Vivekananda

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