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Week 10, 2024
Week 10, 2024
Tea market report 4 – 8 March 2024
Ahead of the smaller auctions in the coming weeks, the Mombasa auction experienced improved demand. This was not reflected by the absorption rate (48% outlots vs 44% last week) but the all average hammer price increased by 4cts to USD 2.12 /kg hammer.
“Don’t watch the clock; do what it does. Keep going.” – Sam Levenson
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