The average price of Kenyan tea sold at the Mombasa auction has dropped by 2.6 percent in the first eight months of 2024, new data shows, as local production of the green leaf rose by 17 percent.
Data by Africa Tea Brokers Limited shows that the price of tea at the auction has declined to an average of $2.2 (Sh283.25) per kilogramme since the year began down from $2.26 (Sh290.97) during the same period last year.