NAIROBI (Reuters) - Kenya's tea output rose 25 percent to 45.3 million kg in January compared with the same period in the previous year, mainly due to favourable weather conditions, the tea board said on Thursday.
Tea exports from the east African country, which is the world's leading exporter of black tea, rose to 39.8 million kg compared with 37.9 million kg in January 2011.
During the month, 27.6 million kgs of tea was sold through the auction at the port of Mombasa, a drop from 28.1 million kgs in the same period in the previous year.
The average tea auction prices rose to $3.28 per kg up from $2.91 in the year-ago period.
"Higher prices were due to improved buying interests by most markets in anticipation of lower production in the first quarter due to dry and hot weather conditions," Sicily Kariuki, the managing director at the tea board said in a statement.
"In addition, demand for tea in most markets was generally higher due to winter conditions."
Pakistan was the biggest buyer of Kenyan tea, at 26 percent of total exports. The top five export destinations - Pakistan, Egypt, Britain, Afghanistan and the United Arab Emirates - accounted for 72 percent of Kenya's total export volume.
Source: http://news.yahoo.com/kenyas-january-tea-output-25-pct-exports-rise-090152852--finance.html
eric cantor HGTV Sugar Bowl 2013 chick fil a chick fil a rose parade bowl games
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.