Rwanda tea sales dip at Mombasa auction

Rwanda’s tea sales at the Kenyan-based Mombasa Tea Auction market slipped by 5.6 per cent to $4.57m (Rwf2.7b), last week, from $4.83m (Rwf2.8b) in the previous week’s trading, according to reports.

Rwanda’s tea sales at the Kenyan-based Mombasa Tea Auction market slipped by 5.6 per cent to $4.57m (Rwf2.7b), last week, from $4.83m (Rwf2.8b) in the previous week’s trading, according to reports.

Last week’s tea trading mainly attracted buyers from Egypt, Pakistan, Afghanistan and UK. The tea on offer at the auction is from various regions within and outside Africa.

According to the weekly tea report from the tea division in National Agriculture Export Development Board (NAEB), last week’s offered tea volumes shoot-up to 108,974 kilograms from 81,654 kilograms.

The sales were from Mulindi and Shagasha tea factories, which are controlled by NAEB. Last week’s trading was third of this year.

The Mombasa auction centre has 55 buyers. Auctions are held weekly with Mondays being for the secondary auction and Tuesday the trading day for the main grade tea.

The auction centre is the second largest black tea auction in the world after Colombo in Sri Lanka but surpasses the latter in production because in Kenya tea production is all year round and not seasonal.

saul.butera@newtimes.co.rw

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