Kenya: 89 Percent of Tea Remains Unsold As Scrapping of Minimum Price Fails to Boost Sales

Small-scale tea farmers in Kenya are still facing losses despite the removal of the minimum price at the Mombasa auction, a move that has failed to boost both prices and purchased volumes from the old stocks.

Data from the Mombasa auction shows that of the 8.97 million kilogrammes of the old tea offered last Tuesday, only 923,910 kilos were sold, meaning 89.7 percent of the offering was rejected by buyers.

The commodity belongs to Kenya Tea Development Agency (KTDA), which represents over 600,000…