Tea market report 18 - 22 December 2017
The last auction of the year in Mombasa also came as the largest at 178,260 packages, which met strong and improved demand. Most lines met dearer rates, and with minimal number of outlots. The auction will pause next week. On the year, 6,912,913 packages have been auctioned, 200k behind 2016, but overall prices and the market value are higher than previous years. The rains continue to subside, replaced by hot and dry conditions.
“All that you can take with you is that which you’ve given away." - Pa Bailey
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