WEEK 15, 2019

Tea market report 8 – 12 April 2019

A completely different tone was witnessed in the Mombasa auction room whereby all grades on offer sold at firm to dearer rates. With the anticipated long rains in Kenya delayed, the tea bushes will take longer to recover, and, on that note, there has been an increased activity on outlots, even on the poorer sorts. At this week’s auction there was a very good general demand with the lowest outlot figure of the year, only 22k pkgs. Auction quantities are easing up towards week 17 with 155k pkgs on offer but show a small upward trend in sale 18 with 163k pkgs to be sold.

“Show me a sane man and I will cure him for you.” – Carl Gustav Jung

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