{{Market reports indicate that Kenya\u2019s top quality Tea has dropped in price for the first time on the global trading market in seven weeks to US$4.06\/Kg at auction this week from US$4.07\/Kg last week, market participants have said.}}<\/p>\n
Kenya is the world\u2019s biggest exporter of black tea and the crop is one of its largest foreign exchange earners. It fetched US$1.27 Billion in 2011.<\/p>\n
The Mombasa-based Africa Tea Brokers (ATB) said in a market report that Best Broken Pekoe Ones TEABP1-BEST-KE sold at US$3.92-US$4.20\/Kg from US$3.88-US$4.25 last week.<\/p>\n
Best Pekoe Fanning Ones TEAPF1-BEST-KE fetched US$3.74-US$4.00\/Kg from US$3.67-US$3.96\/Kg at the previous sale.<\/p>\n
It said 102,796 packages were offered for sale, with 17.1% going unsold. Last week, 98,514 packages were offered with 13% left unsold.<\/p>\n
The report said Pakistan, Afghanistan, Kazakhstan, Russia and Sudan showed strong demand, as did Egyptian Packers.<\/p>\n
Yemeni Packers, Middle Eastern countries and UK Were also said to have been active at the auction.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Market reports indicate that Kenya\u2019s top quality Tea has dropped in price for the first time on the global trading market in seven weeks to US$4.06\/Kg at auction this week from US$4.07\/Kg last week, market participants have said.}} Kenya is the world\u2019s biggest exporter of black tea and the crop is one of its largest […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[75],"byline":[334],"hashtag":[],"class_list":["post-2852","post","type-post","status-publish","format-standard","hentry","category-business","tag-homenews","byline-igihe-reporter"],"bylines":[{"id":334,"name":"IGIHE Reporter","slug":"igihe-reporter","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"contributors":[{"id":334,"name":"IGIHE Reporter","slug":"igihe-reporter","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":null}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=2852"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/2852\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=2852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=2852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=2852"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=2852"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=2852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}