Prices Rise at Weekly Tea Auction to Hit $2.26 Per Kg

The weekly Mombasa Tea Auction held on 30th and 31st August 2022 had 10.7 million kilograms of tea offered for sale. The amount on offer decreased from the 12.3 million kilograms offered during the previous sale, but increased from 8.7 million kilograms offered during a similar period last year.

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Sales

Of all the tea offered for sale, 7.7 million kilograms were sold, compared to 8.7 million kilograms during the previous sale, and 6.8 million kilograms during the same period last year.

The tea auction recorded an increase in prices, with a kilogram selling at an average price of $2.26, up from $2.21 during the previous sale held on 22nd, 23rd and 24th August 2022, similar to when compared to the $2.02 fetched during the same period last year.