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Tea prices fall by 13.3% as supply soar

23, Feb 2021

In the last seven months, the average tea prices for factories managed by Kenya tea development agency ktda have dropped 13.3% equivalent to 242 shillings. This has been caused by high production in the region coupled with global oversupply.  Green leaf deliveries by farmers affiliated to ktda remained high, recording a marginal drop to 726 million kilos, in the seven months compared to 770 million kilos delivered for a similar period a year earlier.