Tea price falls to 10-week low at Mombasa auction

A worker loading tea for auction and export. 

Photo credit: File | Nation Media Group

Tea price at the Mombasa auction declined to a 10-week low in the latest trading as the beverage continues to record a poor performance on the back of diminishing demand.

Data from the auction indicates a kilo of tea fetched $2.28 (Sh278) from $2.32 (Sh283) on average in an earlier sale, to mark the fifth time in a row that the value has been declining.

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