Tea prices at the Mombasa auction rose to a 23-week high in last week’s sale on the back of better demand from buyers amid a decline in volume offered for sale.
Data from the East African Tea Trade Association (Eatta) shows that the price per kilogramme of the beverage rose to $2.32 (Sh280) from $2.27 (Sh274) in the previous sale, promising relief for farmers who have been staring at low earnings after a streak of poor prices in recent weeks.
