Oct 11 2024
Tea factories earn Sh915.2 million from weekly auction
Photo Courtesy of The Standard
Mombasa tea auction sold tea worth Sh915.2 million in last week’s sale where the buyers presented 2,448,238 kgs. The auction price of produce from the 68 Kenya Tea Development Agency (KTDA) managed smallholders' factories reflected an increase from the previous auction that generated Sh767.5 million after the auction of 2.058 million kgs of made tea. In the auction, factories from east of the rift took the lead in selling their produce. Kimunye tea factory sold 64,330 kgs for Sh27.3 million, followed by Theta which earned Sh26.8 million from the auction of 66,532 kgs of tea.