Kenya, Rwanda tea fetch highest price

The Kenya Tea Development Agency and the Rwandan teas have emerged the best beverages at the Mombasa auction, fetching more money compared with others in the latest auction.
A market report from the Mombasa auction indicates that Rwandan tea fetched Sh258 per kilo in the latest sale followed by KTDA at Sh226 for the same quantity.
At the tail end was Ugandan tea which fetched Sh111 per kilo. Rwanda has always been in the lead when it comes to the best tea, fetching a premium price compared with others.

“The quality of Rwandan tea has always been high and this is the sole reason the beverage always attract a premium price,” says a tea broker at the auction.
On average, all the Kenya’s tea at the auction fetched Sh209 per kilo. These tea comprise the ones that are processed by KTDA and the multinational firms locally.
Average price
During the sale, the average price of the commodity dropped to a low of Sh196 from Sh198 in the previous auction.
All the regional teas are marketed at the Mombasa auction by the East African Tea Traders Association before they are shipped out of the country.
Kenya, which is the leading tea exporter in the world, leads the auction in terms of volumes with more than three quarter of the produce traded at the auction coming in from the country.
Prices have remained low at the auction in the recent months in what has been attributed to high volumes of the commodity.
The low prices has led to congestion at the warehouses in Mombasa due to decreased demand of tea at the auction as most sellers withhold their commodity.


https://www.businessdailyafrica.com...asa-auction/3815530-5056846-reg1nd/index.html

Nice.

Kwani which variety is that of Rwanda ama the weather plays a big role?
Where is Tanzanian tea ama it is of lowest of quality?

Traders say quality of Tanzanian tea improves
Benard Sanga 14th Mar 2019 14:58:57 GMT +0300
MOMBASA, KENYA: Tea varieties from Tanzania fetched better prices following improved quality of her produce, according to traders at the Mombasa tea auction.

According to figures seen by the Standard, Pekoe Dust (PD) tea from Tanzania’s Itona and Kibena fetched good prices compared to several Kenya Tea Development Agency (KTDA) factories.
According to auction report the prices of PD from Itona has been on an upward spiral and on Tuesday last week it hit Sh213.48 ($2.14) a kilo up from Sh209.49 ($2.10) it traded previously.
This is higher compared to several KTDA factories like Tegat whose PD tea prices drop by Sh.10.97 ($0.11) to Sh210.49 ($2.11) from Sh221.46 ($2.22) it had sold in the previous sale.
This is the first time the Tanzanian PD teas have sold at a superior price compared to Kenyan factories which have rekindled the debate of dropping qualities of Kenyan leaf.

“For the first time PD from Itona and Kibena in Tanzania fetched better prices than several KTDA factories,” said the Managing Director of Atlas Tea Brokers, Ms. Hilda Mugure.
The two factories are part of Mufindi Tea and Coffee Limited, Rift Valley Tea Solutions Limited and Kibena Tea Limited acquired by Kenya business mogul Mr. David Langat.
Langat has in the past interview revealed his plan to better the quality of Tanzanian tea a move that would improve the prices and better yields for farmers in the neighboring nation.
Last week, tea prices at the Mombasa based tea auction dropped marginally due to escalated tension between one of the produce’s biggest buyer, Pakistan, and India.
However, traders at the auction also attributed the drop to an unusual increase in the volumes of tea offered and drop in the quality of leaf from parts of the Rift Valley.
Traders say the quality of tea from Tanzania has improved.

Statistics from the tea auction indicate that Pakistan buys about 40 percent of the tea sold in Mombasa.
"Other than the unusual increase in volumes, the effects of the India-Pakistan standoff is being felt at the auction. It has led to the devaluation of Pakistan currency forcing buyers to adopt a wait and see," said Ms. Mugure.
She added, “Usually in February we expect the volumes to start dropping but they have remained high. Prices have dropped like this week some Uganda tea traded below a dollar,” said Ms. Mugure.

The Rwandan coffee price has also doubled and sales have grown by 40%...when Jack ma(chinese billionaire and co founder of alibaba) visited both Nairobi and Kigali with his friends,the rwandese government followed up on the deliberations and Jack ma set up the first electronic trade platform to market africa agricultural produce in Kigali,this is how coffee sales rose and the value doubled,other agricultural produce in Rwanda are likely to follow suit and lives of the average farmers will greatly improve,you see,this is a government that cares for its people,Rwanda doesn't have highrise skyscrapers or massive roadways but am certain it will achieve a higher standard of living for its people more than any East african country in coming years.