Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Kenya tea prices dip at latest sale

20 March 2014, 08:28

Nairobi - The highest price for top grade Kenyan tea fell to $3.50 per kg at this week's sale from $3.60 per kg last week, Africa Tea Brokers (ATB) said on Wednesday.

Prices for Best Broken Pekoe Ones (BP1s) fetched $250-$350 per kg compared with $264-$360 per kg last week, ATB said.

Best Brighter Pekoe Fanning Ones (PF1s) sold at $230-$275 from $2.22-$2.95 per kg at the last sale.

ATB said 13.97 percent of the 134,237 packages, or 8.6 million kg, of tea offered was left unsold. Last week 17.72 percent of the 132,739 packages weighing 8.55 million kg offered were left unsold.

Kenya is the leading world exporter of black tea and the crop is a major foreign exchange earner for east Africa's largest economy, together with horticulture and tourism.

Demand was strongest from Pakistan while Afghanistan, Bazaar, Kazakhstan and Egypt were more active in the market than last week.

Most of the tea auctioned at the Mombasa auction is from Kenya, but it also offers tea from Uganda, Tanzania, Rwanda, Burundi and other regional producers.

- Reuters

Tags kenya tea

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
S Mbinya
Natural aphrodisiacs to boost lib...

It is advisable to take them before sex in order to achieve maximum benefit. Read more...

Submitted by
Jayne Zack
Raila has lost his remaining bull...

He added that Jubilee and Cord are like day and night. Read more...

Submitted by
Ben Wangui
Mudavadi of no value to CORD, say...

Leader of Majority in National Assembly, Adan Duale has said that ANC leader Musalia Mudavadi is of no value to CORD. Read more...

Submitted by
George Vodongo
Peter Kenneth will not run for Pr...

He clarified that he will not run for Presidency in 2017 as he supports Uhuru Kenyatta’s re-election bid. Read more...

Submitted by
Ben Wangui
Exams should not have political g...

He also said that school properties must not ‘carry any political portraits’. Read more...

Submitted by
S Mbinya
Matatu crew drugs female passenge...

Hours after the story was circulated on social media Sunday, the crew was traced at Dagoretti and arrested. Read more...