Nearly half of KTDA tea on sale at auction withdrawn

tea-farm (2)

A tea plantation in Tigoni, Limuru. FILE PHOTO | NMG

Nearly half of the tea offered for sale at the auction by the Kenya Tea Development Agency (KTDA) was withdrawn from the trading floor in the latest auction as traders prioritise buying higher quality grades of the commodity.

The Mombasa auction data indicates that 47 percent of the 129,198 packages that were offered for sale were withdrawn after they failed to attract buyers.

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Note: The results are not exact but very close to the actual.