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August 11, 2005 Thursday Rajab 5, 1426


Tea auction


NAIROBI, Aug 10: Kenyan tea prices were mixed at this week’s auction, with some grades firming because of improved quality, traders said on Wednesday. Mombassa-based Africa Tea Brokers reported good demand for the 77,450 packages at the auction, held on Monday and Tuesday, boosted by the improved quality of some teas.

Demand was high for Brighter Best Pekoe Ones (BP1s) and Brighter Pekoe Fannings Ones (PF1s) because of their better quality.

BP1s fetched $2.01-$2.67 per kg compared with $1.93-$2.60 at the last auction. PF1s sold at $1.78-$2.70 per kg compared with the last auction’s $1.75-$2.61.—Reuters



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