Week 47, 2019
Tea market report 18 – 22 November 2019
In Kenya, both sides of the Rift – EoR and WoR, received fair, albeit scattered showers compared to previous weeks. This has had little impact on crop levels as they have remained relatively high, as expected for this time in the season. This can be demonstrated with the continued high auction volumes on offer in week 50 at 165K packages. This week the market established good general demand with an absorption rate of 88%, despite the largish quantities on offer and after a buyers meeting on the 14th of November it was decided there will be no auction in week 52.
“Yesterday is gone. Tomorrow has not yet come. We have only today. Let us begin.“ — Mother Theresa
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