TEA NEWS #tea market

There was good general demand Current and Future Fresh Aucon Offerings for the 228,420 packages (15.36m/ kgs) available in the market; 36.60% were unsold. Leaf Grades (M2) Offerings: 117,400 packages (7.70m/kgs) – 32.37% unsold.

Good and improved demand for the Current and Future Fresh Auction Offerings 242,022 packages (16.27m/kgs) on offer with 39.01% remaining unsold.

Fair demand for the 236,840 pack- Current and Future Fresh Auction Offerings ages (15.92m/kgs) in the market at irregular levels following quality; 35.52% remained unsold.

Tea Market Report Sale 50-2022

The Tea Board of Kenya (TBK) has deferred the elections for factory directors to 2024. The postponement is likely to widen the rift between the directors and those who were edged out after Cabinet Secretary Peter Munya’s reforms. TBK representative for East of Rift Valley, a region that covers Mt Kenya counties, Mwangi Kirigwi, said the move will give directors time to implement reforms initiated by former President Uhuru Kenyatta’s administration.

• Tea farmers have urged stakeholders to improve the local market before pressuring the government to expand the international market. • The farmers commended the National government's efforts in strengthening the agriculture sector and market expansion both in the country and abroad.

Tea Market Report Sale 11-2022

Tea Market Report Sale 02-2022

Indian tea flavours like Assam, Darjeeling and Nilgiri are among the finest in the world. But we have not been able to capitalise on our potential for tea export.

Tea Market Report Sale 41-2021 GOOD DEMAND AT DEARER RATES BP1 : Selected best East KTDA dearer 4/10 cts with others easier up to 15 cts, West KTDA dearer 8/15 cts, Nandi dearer 6 cts to easier 5 cts, Limuru dearer 10 cts to easier by same margin, Kericho dearer up to 10 cts, Uganda steady to easier 5 cts.

The commodity has averaged $1.70 dollars for the better part of the year. In Summary •The preferred auction price is above $2 per kilo. •Last week, directors from the 54 KTDA-managed factories started to hold meetings to review annual audited accounts, to be followed by declaration of bonuses.

VERY GOOD DEMAND MOSTLY AT DEARER RATES