Auction Tea Prices Fall

Published October 27th, 2008


African tea prices fell 2.7 percent at auction in Mombasa, Kenya. The average price dropped to $2.20 a kilogram at the Oct. 21-22 auction, from $2.28 a week earlier.

Sri Lanka tea auctions also had a serious slump last week with low grown tea sales dropping by over 50 %.

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