Week 33, 2019

Tea market report 12 – 16 August 2019

Mombasa had a reduced quantity on offer compared to sale 32, 128K pkgs of which 85% has been sold. This week’s biggest gainers were the best EoR and Rwanda BP1’s. There was a fierce competition between Kazakh and Sudan buyers resulting in gains of over 50cts and Kitabe coming out the best at $6.06/kg. Auction quantities are reducing in the coming weeks as the cold season is at its peak.

“I read, I study, I examine, I listen, I think, and out of all that I try to form an idea into which I put as much common sense as I can.” – Marquis de Lafayette