Tea price rallies for second week as demand outpaces supply

Tea prices at the Mombasa auction rallied for a second consecutive week, helped by improved demand amid lower volumes being presented on the trading floor.

Data from the Tea Brokers East Africa Limited shows the price of the commodity increased to $2.39 (Sh276) from $2.37 (Sh273) in the previous sale, raising farmers’ prospects for good earning this financial year.