Weekly market report

Week 20, 2022

Week 20, 2022

Tea market report 16 May – 20 May 2022

The 189k pkgs on offer in this week’s Mombasa auction met irregular demand. Slightly improved absorption supported a 1cts higher all-average hammer price (2.25 USD). Flavoury EoR BP1s traded irregularly steady to easier with selective demand from Pakistan and Kazak buyers. Below best BP1s traded irregularly easier

“It is not a matter of what is true that counts, but a matter of what is perceived to be true.” ― Henry Kissinger

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