Mombasa Tea Auction - Google News

Mombasa Tea Auction - Google News
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  2. Heavy rains, new equipment to blame for tea, avocado stuck at port - Business Daily (press release) (blog)

    Business Daily (press release) (blog)

    Heavy rains, new equipment to blame for tea, avocado stuck at port
    Business Daily (press release) (blog)
    “The backlog affected our operations because our tea was either shutout or bookings rejected by shipping lines due to backlog, but we are happy this has been sorted out because it would have negatively affected our operations at the tea auction,” he ...

  3. Majority of firms seek nod to process speciality teas - Business Daily (press release) (blog)

    Business Daily (press release) (blog)

    Majority of firms seek nod to process speciality teas
    Business Daily (press release) (blog)
    East African Tea Traders Association (Eatta), which runs the Mombasa auction, wants the volume of black CTC to be reduced by about 10 per cent, which it says will raise the price at the auction by the same margin. “We have seen an increase in the ...

  4. Tea price rises slightly as glut persists at auction - Daily Nation

    Daily Nation

    Tea price rises slightly as glut persists at auction
    Daily Nation
    Tea prices at Mombasa auction increased by a dollar but remained stuck within a three-year low as high volumes offered for sale continue to negatively impact the value. A kilogramme fetched an average of Sh247 ($2.47) up from Sh246 ($2.46) in last week ...

  5. Sh1bn tea exports stuck in Mombasa - Business Daily (press release) (blog)

    Business Daily (press release) (blog)

    Sh1bn tea exports stuck in Mombasa
    Business Daily (press release) (blog)
    Pakistan is the top buyer of Kenyan tea. Eatta says the delays are the result of heavy congestion at the port that has seen import cargo fill up container stacking areas to capacity leaving no room for the stacking of export containers in readiness for ...
    Market hopes as UK House of Commons serves guests Kenyan teasThe Star, Kenya

    all 2 news articles »
  6. US sanctions on Iran to hurt Kenya tea sales - Daily Nation

    Daily Nation

    US sanctions on Iran to hurt Kenya tea sales
    Daily Nation
    READ: Tea glut hurts prices at Mombasa auction. “Payments for tea sold to Iranian companies will be difficult as the dollar is the dominant currency of trade. However, we note trade in the euro may not be directly affected as EU countries may not go ...

    and more »
  7. Tea glut hurts prices at Mombasa auction - Business Daily (press release) (blog)

    Business Daily (press release) (blog)

    Tea glut hurts prices at Mombasa auction
    Business Daily (press release) (blog)
    An increase of tea production has pushed volumes beyond what the auction can absorb, resulting in low prices in the last couple of months. The auction has a limit of eight million kilos a week but the volumes went up to 9.5 million kilos in the sale ...

    and more »
  8. Purple tea yet to colour my life, says producer - Business Daily (press release) (blog)

    Business Daily (press release) (blog)

    Purple tea yet to colour my life, says producer
    Business Daily (press release) (blog)
    A kilogramme of purple tea is sold at Sh1,957 compared to the average Sh280 that black tea fetches at Mombasa auction. Farmers had expected to earn more from the purple tea variety due to favourable prices in the international market. Currently, no ...

  9. Tea value at Mombasa auction drops to near three-year low - Business Daily (press release) (blog)

    Business Daily (press release) (blog)

    Tea value at Mombasa auction drops to near three-year low
    Business Daily (press release) (blog)
    The value of tea neared a three-year low as poor prices continue at the auction amid increasing volumes. In the latest sale, a kilo on average fetched Sh247, down from Sh253 in last week's trading at the Mombasa auction. The Tea Directorate had ...

  10. No respite as tea prices touch two-year low - Business Daily (press release) (blog)

    Business Daily (press release) (blog)

    No respite as tea prices touch two-year low
    Business Daily (press release) (blog)
    The value of tea has touched a two-year low at the Mombasa auction as the trend of poor prices continues, signalling low earnings for farmers in the full financial year. In the latest sale, a kilogramme of tea fetched Sh253, the price last recorded in ...

    and more »