NEWS & ANNOUNCEMENTS:

World Tea News

  1. Tea prices at weekly Mombasa auction drop to five-year low  Daily Nation

    Tea farmers continue to experience a harsh tide with prices at the Mombasa auction declining to a five year low from the previous sale even as the volume went...

  2. Slight rise in tea price at weekly auction  Business Daily

    Tea prices at the Mombasa auction rose by a marginal Sh2 but remained within four-year lows.

  3. Tea earnings hit five-year high on increased volumes  Business Daily

    Tea farmers earned Sh140 billion last year boosted by high volumes that defied low international prices of the commodity in the market. The earnings, which are...

  4. Kenya tea earnings, output seen falling in 2019 - Tea directorate  Nasdaq

    NAIROBI, Feb 12- Kenya's tea export earnings are forecast to fall to 133 billion shillings in 2019, from a record 140.86 billion shillings in 2018,.

  5. Coffee, tea earnings drop as excess volumes fill markets  The Star, Kenya

    The value of tea exported for the January- November period grew by Sh8.9 billion, *fresh* data by Kenya National Bureau of Statistics, reveals.It shows the value...

  6. US sanctions on Iran hit Kenyan tea cash  Business Daily

    US sanctions on Iran is taking a toll on Kenyan tea sales to the Middle East country as the declining volumes cut earnings.

  7. Storm in a teacup? Dar, Kampala exporters seek to exit Mombasa auction  The East African

    A push by Tanzania and Uganda to have their own tea auction could destabilise incomes, coming at a time that production and prices in the region have been...

  8. Tea prices flat at weekly Mombasa auction as supply increases  Daily Nation

    A kilo of tea fetched Sh221 this week, the same price that it attracted in the previous auction.

  9. Tea farmers face bonus cuts as prices hit 30-month low at auction  Daily Nation

    Tea prices at the Mombasa auction have hit a two-and-a-half-year low on increased supply, setting the stage for reduced farmer earnings in the current financial...

  10. Rwanda tea is sweeter, makes higher prices than Kenya’s  Devdiscourse

    In 2018, Rwanda. tea left Kenya. tea behind at the Mombasa auction owing to high quality, which encountered augmented buyers' demand. The land grows...