Tea market report 26 - 30 March 2018
In Mombasa, a larger 133,419 packages went under hammer this week compared to the 123k that were offered last week, and still ahead of the upcoming two weeks. The auction opened with lively buying activity, but things softened towards close. Large packers dominated the auction, and anything that these buyers showed interest in sold well.
“The biggest risk is not taking any risk... In a world that is changing quickly, the only strategy that is guaranteed to fail is not taking risks.” - Mark Zuckerberg
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