Kenya’s Smallholder Tea Factories Earn Sh919 Million from Latest Mombasa Auction
Smallholder tea factories in Kenya earned Sh919.6 million from the latest auction of 2.59 million kg of made tea at the Mombasa Tea Auction. This amount is slightly lower than last week’s earnings of Sh965.3 million. The weekly market remains a critical platform for tea sales benefiting Kenya’s tea producers.
Key points
- Smallholder tea factories earned Sh919,557,408 at the recent auction.
- 2,592,128 kg of made tea was sold at the Mombasa Tea Auction.
- Earnings decreased from last week’s Sh965,313,591.
- The auction is a key sales channel for Kenyan tea producers.
Why it matters
Tea farming is a vital source of income for many Kenyan smallholder farmers. The Mombasa Tea Auction serves as a major market for these producers to sell their tea. Tracking weekly earnings provides insight into the sector’s performance and helps stakeholders anticipate market trends and revenue shifts.
Source credit
Summary based on reporting from Standard Business. Read the full article at the source.
Read full article at Standard BusinessTags
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