Week 22 2020
Tea market report 25 – 29 May 2020
This week in Mombasa history was made with the first E-Auction taking place for the Secondary auction. While there were some delays and technical glitches, 50% was sold on this platform. In general, there was a total of 191,405 packages which went under hammer, 6K more packages than last week. There was reduced general demand and outlots were up 22% as compared to last. The Main auction met good demand with the exception of KTDA PF1s which had many outlots mainly due to a lack of interest of Pakistan packers.
“It’s not much of a tail, but I’m sort of attached to it.” – A.A. Milne
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