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Tea value at Mombasa auction drops to near three-year low

Tea traders at the Mombasa auction. file photo | nmg

By  GERALD ANDAE

The value of tea neared a three-year low as poor prices continue at the auction amid increasing volumes.

In the latest sale, a kilo on average fetched Sh247, down from Sh253 in last week’s trading at the Mombasa auction.

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

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