Mombasa

Category: Global Tea Markets

Published Date

Written by Mombasa

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Week- 43

Mombasa:

Good general demand for the 120,677 packages (7,928,530kilos) on offer in the market with easing tendencies and 17.92% were neglected.

The best BP1s available shed upto USC6 while brighter categories were irregular ranging between USC14 to USC32 dearer to easier by upto USC14 with mediums generally firm to USC36 above last levels but a few invoices eased by upto USC6. Lower mediums were better absorbed at firm to USC30 dearer with plainer descriptions fully firm to USC4 above last prices. Best PF1s in the market lost upto USC18 while brighter category shed USC12 to USC16 with mediums a weak feature at irregular rates and varied between USC14 dearer to easier by USC14 to USC46. Lower mediums were barely firm to USC30 below previous levels with plainer sorts varying between firm to USC14 dearer to easier by upto USC20. The best PDUSTs available eased by USC12 with brighter types firm to USC10 easier while mediums were a weak feature and depreciated by upto USC36 and more. Lower medium PDUSTs saw irregular interest ranging between USC10 dearer to easier by upto USC4 while plainer sorts were firm to USC16 dearer but poorer lines lost upto USC10. The best DUST1s available gained upto USC14 while brighter category were firm to USC6 dearer with mediums firm to USC20 easier but a few invoices were upto USC8 above last rates. Lower mediums were discounted by upto USC16 with plainer sorts firm to USC18 dearer although a few teas lost upto USC6.

In the secondary catalogues BPs were firm while PFs gained. Clean well sorted coloury FNGS were easier while similar DUSTs were steady. Other FNGS were discounted while DUSTs were steady. BMFs were well absorbed at firm levels.

There was more support from Kazakhstan, other CIS states, Russia and Egyptian Packers while Sudan, Yemen and other Middle Eastern countries maintained interest. Pakistan Packers, Afghanistan, UK and Bazaar were less active but Iran lent more interest. Somalia continued very active at the lower end of the market.