Week 41, 2019

Tea market report 7 – 11 October 2019

The Kenyan market continued its upward trend with almost all grades trading firm to dearer on the back of good demand during the auction this week. Only BP1s traded steady to easier due to reduced activity from their usual buyers. Looking in the rear-view mirror, last Wednesday published August crop figure shows us a very healthy crop. With 37.2 mln kgs slightly lower than last year’s, keeping the deficit at around 22 mln kgs.

“People who are crazy enough to think they can change the world, are the ones who do.” – Rob Siltanen