Farmers face earnings cut as tea prices dip to 12-year low

The average price declined to Sh256 a kilo from Sh274 in the previous period for same quantity, a value last witnessed in 2008. FILE PHOTO | NMG

Farmers affiliated to the Kenya Tea Development Agency (KTDA) are staring at another season of low earnings after the price of the commodity declined to a 12-year low on the back of high volumes in the financial year ended June 30.

The average price declined to Sh256 a kilo from Sh274 in the previous period for same quantity, a value last witnessed in 2008.

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