Tea factories under KTDA net Sh 968 million at the auction

The Mombasa tea auction in the week traded 5,832,387 kg of made tea that attracted 43 buyers, with the Rwandan tea fetching the highest price of  Sh 441 ($3.42) per kg.

EATTA Managing Director George Omuga said in the weekly auction Rwanda sold 191,000, Kenya 4,858,850 kgs, each at 318 ($2.47), Burundi 25, 168 kgs at Sh 197($1.53) per kg, and Uganda 757,369kg at Sh 171 ($1.33) per kg.

“Forty-three buyers participated in the tea auction, with LAB International buying the largest consignment of 1,006,808 kgs, Global Tea 865,127 kgs, Mombasa Coffee 574,346 kgs, Mitchell Cotts 509,321 kgs, among others,” said Mr Omuga.

KTDA factories in the auction netted Sh 968.68 million after the sale of 2,511,437 kgs of made tea.

 Last week, the smallholder factories generated Sh 1,086,258,987 after the sale of 2,835,223 kgs. 

In the auction, factories that achieved the best prices were Githongo Sh 442 ($3.43) per kg,Mununga Sh439($3.41) per kg, Kinoro Sh 437(3.39) per kg,Imenti Sh436 ($3.38) per kg, Gacharage  Sh 437($3.37) per kg, among others

East African Tea Traders Association (EATTA) reported that factories of Mununga and Rukuriri offered the highest volumes of made tea of 102,924 kgs and 92,206 kgs, respectively.

Factories of Kanyenya ini and Michimikuru achieved the lowest prices in the Mt Kenya region of Sh 380.55  ($2.95) per kgs and  Sh363.78($2.82) per kg, respectively.

KTDA Holding Chairman Mr Enos Njeru said in the week, factories in the Mt Kenya region continued to perform better through the production of quality teas that have attracted the global market.

“Kenya’s tea farmers have remained steadfast in adhering to the agricultural recommendations; thus, the produce has continued to attract the local and international markets,” said Njeru.