Week 04, 2023

Tea market report 23 – 27 January 2023

Reduced and irregular general demand was witnessed in Mombasa. On offer this week we had 239K pkgs which was the largest offering to-date for this centre. Similar to last week, absorption for the dust sale was less while for the leafy grades was slightly improved. This week we came out with 89K pkgs (41%) vs 87K (37%) last week. The All Avg hammer for the sale shed 7cts to close at $2.05.

“It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.“ — Charles Darwin