Week 12 2020

Tea market report 16 – 20 March 2020

The last of a series of around 200k packages auctions in Mombasa came under hammer this week. Although Kenya has reported some Covid-19 cases, the auction continued with additional hygiene measures in place. Unilever however, decided to follow their global directive and wasn’t present in the room. The auction was a generally bearish affair with BP1s trading generally steady up to 6cts easier with flavory Rwandan types managing to trade firm to 20cts dearer.

“The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.“  — Martin Luther King, Jr.