Week 25 2020

Tea market report 15 – 19 June 2020

A large amount of 204k packages was on offer in Mombasa this week. Fair demand led to 49k packages (24%) coming out but also to mixed market movements of the different grades / types on offer. EoR BP1s met good demand with antagonism between Khazak and Sudan buyers, while the good mediums and mediums eased. However, the plainer end firmed on the back of good support from local packers. PF1s met generally less demand, EoR types met less demand not only from Pakistan packers but Chai as well.

“The most dangerous poison is the feeling of achievement. The antidote is to, every evening, think what can be done better tomorrow.” – Ingvar Kamprad