Tea market gets Sh1.3 billion after auction of 5.2 million kgs

The Mountain Journal

editor@themountainjournal.co.ke

The weekly tea market fetched  Sh 1,377,058,020  from the sale of 5,296,377kgs of tea at the Mombasa Tea Auction.

The auction reports indicate that tea factories, Mununga, Gathuthi, Kathangariri, Rukuriri and Imenti achieved the higher prices  of  between  Sh365 per kilogramme of tea and Sh321 per kilogramme.

In the market analysis , Murang’a based Ngere Tea Factory presented  the large consignment of tea weighing 221,940 kgs of tea that generated Sh67,913,640.

In a report by the  Tea brokers East Africa Limited (TBEAL), dated March 4,  Mununga sold 134,476kgs  for Sh49,083,740, Rukuriri 87,144kgs for Sh 28,234,656.972, Njunu tea factory  Sh 22,165,662 after the sale of  73,154kgs.

It further detailed that  Gacharage tea factory sold  93,712kgs  for Sh28,863,296.

Njunu factory directors Maina Gathua and Isaac Muiruri lauded the farmers for the continued production of the quality tea, from the farm level.

They said at the factory, the management has ensured that the processing of the tea is in accordance with the set standards.

“ Njunu tea has for years remained the leading in the market owing to the farmers dedication in production of quality green leaf,” said Maina, the vice chairman at Njunu.

Ngere factory chairman James Githinji appreciated the tea farmers for their dedication in the tea farming thus leading to quality production.

Githinji, also a director at KTDA Holding, was committed to ensure the tea produced across the counties was destined to the international market.

“ With other stakeholders the directors have been visiting the tea catchments educating the farmers on the best farming practices,” said Githinji.

In the  West of Rift , Momul tea factory led in the sale after it netted  Sh 21,740,712 from  81,732kgs, followed by Nyankoba  that auctioned 47,156kgs for Sh9,902,760.

Kobel factory in the sale analysis presented 79,816 kgs that earned Sh 12,291,664. 

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