The Mountain Journal editor@themountainjournal.co.ke A Sh 300 million speciality tea factory is being constructed in Murang’a to help in the manufacture of the product in high demand. Njunu tea factory directors commissioned the construction of the speciality factory, designed to earn tea farmers better returns from the lucrative market. During the groundbreaking function, factory chairman…
The Mountain Journal editor@themountainjournal.co.ke The weekly coffee market generated Sh637.1 million on Tuesday, after the auction of 12,144 bags of coffee. The report indicated that farmers in cooperatives and estates earned more compared to the previous year’s auction of Sh429.9 million. In the market coffee brokered by Alliance Berries Limited, Kirinyaga Slopes, and New KPCU…
The Mountain Journal editor@themountainjournal.co.ke Tea factories last week sold 4,229,912 kgs of tea that fetched Sh1.4 billion at the Mombasa Tea Auction. In the market reports, factories in the east of rift fetched Sh1.05 billion after the sale of 2.5 million kgs of team, while the west of rift sold 1.7 million kgs for Sh430.7…
The Mountain Journal editor@themountainjournal.co.ke Tea stakeholders have initiated a programmes that will train farmers in the west of the rift on enhanced quality production. The programme by Tea Board of Kenya (TBK) and KTDA will help in training the farmers at Mumol tea factory between November 26,and November 29 and between December 2 and December…
The Mountain Journal editor@themountainjournal.co.ke Nine coffee brokers presented 9,017 bags of coffee traded at Sh 429.9 million at the Nairobi Coffee Exchange (NCE). In the auction, grade AA brokered by the Alliance Berries Limited from Gitura and Munani factories achieved the highest price of Sh 45,103. Grade AB, Makiou factory brokered by CEBBL achieved the…
Coffee prices surged to their highest levels in the latest auction, driven by strong demand as buyers stockpile ahead of the European Union’s deforestation regulation, which threatens to tighten market supplies. In Kenya, the cost of Arabica surged to $276 for a 50-kilo bag, up from $251 in the previous sale, marking the highest value…
The Mountain Journal editor@themountainjournal.co.ke The Mombasa Tea Auction in the latest auction managed to auction 3,484,906 kgs sourced from KTDA managed tea factories, with the buyers paying Sh1,263,763,108. According to details obtained from Mombasa Tea Auction factories in the East of Rift sold 2,312,215 kgs that earned Sh955.3 million, while those in the west of…
The Mountain Journal editor@themountainjournal.co.ke Coffee dealers purchased 12,074 bags of the commodity at Sh 532.4 million during the weekly auction. The auction at Nairobi Coffee Exchange (NCE) reflected higher returns compared to the previous week of Sh 361.7 million following the auction of 8,960 bags of coffee. In the reports from the NCE, Gititu factory…
The Mountain Journal editor@themountainjournal.co.ke Mombasa tea auction last week sold 8,309,566 kgs of the commodity to the local and international buyers. In the sale Kenya sold 7,360,618 kgs packed into 106,960 packages, followed by Uganda with 666,939 kgs. In the weekly market reports, other countries that participated are Tanzania, Rwanda and Burundi that presented at…
The Mountain Journal editor@themountainjournal.co.ke Kenya’s weekly coffee auction netted Sh 361.7 million following the sale of 8,960 bags of coffee. In the auction market, produce sold by Alliance Berries Limited, and New KPCU achieved the highest price. According to Nairobi Coffee Exchange (NCE) reports Evas Estate in Mathira, Nyeri achieved the highest price of Sh43,473…
