Tea prices at the Mombasa auction recorded an increase of Sh7 to Sh210 per kilo during last week’s auction. Tea prices at the auction have been recording an upward trend since the government reserved minimum prices at the auction. Last month, Agriculture CS Peter Munya said smallholder tea producers shall set a reserve minimum average price at the auction. “This will ensure sustainability of the tea sub-sector and continuous supply of high quality tea to the auction and our export markets,” he said. Data from the Ministry of Agriculture shows the average prices recorded in the auction by end of June had dropped to an all-time low of Sh195 per kilo.

Source: The Star August 07, 2021 11:15 UTC