WEEK 13, 2019

Tea market report 25 – 29 March 2019

Mombasa witnessed a smaller auction, still a total volume of 166k packages, but the brokers were not able to increase the prices as they were very weak. Despite the prolonged dry weather of the past weeks, the volumes on offer are still ahead of 2018 and a record high. Next week there we will be 172K pkgs to be sold, while the factories currently run on 30% of their capacity. There is a lot more tea to come when the bushes are recovered after the long dry spell. Finally, rains have been reported but these are yet to arrive in the WoR area, positive growing conditions are very likely to be ahead of us.

“I have never tried that before, so I think I should definitely be able to do that.” – Astrid Lindgren, Pippi Longstocking

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