Weekly market report

Week 47, 2022

Week 47, 2022

Tea market report 21 November – 25 November 2022

The easier trend continued in Mombasa across all segments with steady demand from most markets. Pakistan packers and bazar were noticeably slower. This was mainly due to the record closings starting from sale 47. Last week’s closing at 222K was another new record for this auction center. On offer this week we had 220K compared to 211K last week. Absorption was improved and we came out with 75K pkgs (34%) vs 79K (38%) last week. The All Avg hammer for the sale shed 2cts to close at $2.32h.

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