Tea prices at Mombasa auction rise as Russian traders return

A woman picks tea leaves at Gathehu village in Nyeri county on October 31, 2015. PHOTO | JOSEPH KANYI | NMG

Tea prices at the Mombasa auction rallied for the first time in weeks to reverse the declining trend witnessed in the last two months as the presence of Russian traders in the market lifted the earnings marginally.

Market data shows that the price of the beverage hit Sh262 this week, up from Sh252 that was realised in the previous sale.

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