Kenyan tea prices were mixed at this week's auction following quality, with demand mainly driven by Egyptian, Afghanistan and Russian interest, market players said on Wednesday.
"There was good general demand for the 145,873 packages on offer at steady to easier rates closely following quality," a marker report by James Finlay, a major grower and exporter, said. Pakistan, the biggest buyer of Kenyan tea, continued to show good support, while Sudan and Yemen maintained their interest, but other middle-eastern countries and the UK were selective, brokers said.
Prices for best BP1s fell to $2.30-$2.64 per kg compared with $2.40-$3.55 per kg at last week's sale. Those of best PF1s were also easier and sold at $1.75-$2.17 per kg compared with $1.83-$2.30 previously.
Comments
Comments are closed for this article.