- Kenya’s tea and coffee auctions earned Ksh1.816 billion last week from 2.45 million kg of tea and 18,089 bags of coffee.
- Seven tea factories achieved prices above Ksh388.08 per kg, led by Mununga at Ksh433.36 per kg.
- Coffee sales at the Nairobi Coffee Exchange generated Ksh994 million, with 18,089 bags sold to local and international buyers.
Kenya’s tea and coffee sectors earned Ksh1.816 billion last week after the auction of 2,452,925kg of tea and 18,089 bags of coffee, according to the East African Tea Trade Association (EATTA).
In the previous week, the tea sector auctioned 3,097,862kg that netted Ksh1.018 billion, reflecting an increase in payment to growers spread across the KTDA-managed tea factories.
Tea sector performance
Seven factories posted impressive prices at the Mombasa Tea Auction after they achieved above Ksh388.08 per kg in the weekly market, according to the EATTA report.
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EATTA Managing Director George Omuga said seven factories achieved above Ksh388.08 per kg ($3 per kg), led by Mununga factory at Ksh433.36 per kg ($3.35). Imenti followed at Ksh416.93 per kg ($3.23), then Githongo at Ksh404.90 per kg ($3.13), Rukuriri at Ksh401.02 per kg ($3.10), Ngere at Ksh391.96 per kg ($3.03), and Gathuthi at Ksh389.58 per kg ($3.02).
“Since the introduction of the tea levy in May only Mununga, Gathuthi, and Rukuriri had achieved the price above $3 per kg. We plead for the best prices to motivate the growers,” said Omuga.
KTDA Holdings Chairman Enos Njeru appreciated the factories’ directors for posting the best returns since the tea levy of Ksh2.28 per kg was implemented on May 1.
“The tea factories from the east of the Rift engaged the buyers to allow the absorption of the levy rather than rejecting the teas,” said Njeru.
Coffee sector performance
At the Nairobi Coffee Exchange (NCE), 18,089 bags of coffee of different grades netted Ksh994 million, with brokers presenting 1,738 bags of grade AA, 7,761 bags of grade AB, and 4,718 bags of grade C, attracting local and international coffee buyers.
“In the market the buyers sold 207,100kg of coffee certified by the Rainforest Alliance, 111,989kg by Café Practices, 108,664kg by Fairtrade, and 107,234kg by the EUDR,” read the report.
By our correspondent
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