Tea worth at least Sh1.2 billion was withdrawn from the market in the latest sale at the Mombasa auction despite the value of the beverage having rallied closer to the government-backed minimum price.
The East African Tea Trade Association indicates that 31 percent of the total tea offered for sale was taken out of the trading floor despite a good price of $2.42 (Sh293) per kilogramme that prevailed at the auction.
