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Pain as tea prices hit six-year low
Workers load tea bags on factory conveyor belts at Chinga Tea Factory in Othaya on March 29, 2014. Tea prices dropped to a six-year low this week spelling more doom for farmers who have already been forced to take a pay cut in the wake of the sector’s dismal performance. Photo/JOSEPH KANYI
Tea prices dropped to a six-year low this week spelling more doom for farmers who have already been forced to take a pay cut in the wake of the sector’s dismal performance.
Prices at the weekly auction fell to $2 (Sh174) per kilogramme representing a 17 per cent drop from the $2.30 (Sh200) recorded in June last year as the market contends with oversupply.
