WEEK 41, 2018

Tea market report 8 – 12 October 2018

In Kenya, 136,599 pkgs were on offer this week compared to 140,966 pkgs the previous week, an overall easier market across all grades. Last week’s closing of 160k pkgs had already pre-empted an easier market. Pakistan currency devaluation just prior to the auction further added to the easier market, as Pakistan buyers reduced or cancelled their bids. Crop intake East of Rift remains on a 6-day plucking schedule with Kericho experiencing reduced intake and expected to reduce further due to unpredictable weather patterns, Sotik crop is steady.

“Kindness is the language which the deaf can hear and the blind can see.” – Mark Twain

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