Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Kenya Tea Prices May Extend Gains in Next Few Weeks on Demand

Don't Miss Out —
Follow us on:

Jan. 19 (Bloomberg) -- Tea prices at auction in Kenya, the world’s biggest exporter of the black variety of the leaves, may extend gains in the next few weeks on seasonal demand, according to the East Africa Tea Trade Association.

Frost this month caused “minimal damage,” Peter Kimanga, chairman of the association, said in a phone interview today from Mombasa. The average tea price at the Mombasa auction yesterday was $2.74 a kilogram (2.2 pounds).

“The high prices are demand driven,” Kimanga said.

To contact the reporter on this story: Consolatah Lucas in Mombasa at clucas14@bloomberg.net

To contact the editor responsible for this story: Paul Richardson at pmrichardson@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.