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July 12, 2006 Wednesday Jumadi-ul-Sani 15, 1427





Kenya tea mixed


NAIROBI, July 11: Kenyan tea prices were mixed at Tuesday's auction, with Best Pekoes Ones easing on reduced competition among buyers, brokers said. The Mombassa-based Africa Tea Brokers (ATB) reported fairly good demand for the 86,760 packages on offer.

Top and bottom prices for Best BP1s eased to $2.15-$2.65 per kg from $2.16-$2.69 at last Tuesday's sale. The top price for Pekoe Fanning Ones (PF1s) firmed to $3.00 per kg from $2.92 last week. The bottom price eased marginally to $2.35 from $2.36 previously.

Of the 86,760 packages offered, 7,571 were unsold.

—Reuters






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