Tea Producers Achieve Stable Returns Due to Low Global Prices



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  Tea Producers Achieve Stable Returns Due to Increasing Supply
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<p>  Quarterly Management Report tea shows that production in Kenya has improved by 17 percent from January to May this year. </p>
<p>  However world prices have remained low at an average of 270 shillings per kilogram in the last six months </p>
<p>  World tea production increased by 2.2% this year, with a crop of 40 billion dollars in 2017. </p>
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Merchandise prices remained tight at about 300 shillings per kilo.

However, improved production in China, India, and other major producers slowed yield prospects with the average price per cubic meter. The quarterly report on the production of tea from January to April indicates that production has improved by 17 percent thanks to better rainfall.

Tea Branch data indicate the volume of tea produced between January and May. rose to 187 million kilograms from the 160 million recorded in a similar period last year.

Good production was recorded in the Plantation sub-sector with production increasing from 15.2 million kilograms to 18.1 million kilograms

from 23 million kilograms to 28 million kilograms

There was, however, a slight decline in production east of the Rift Valley, with a 16.2 million kilogram production drop in May 2017 of 15.32 million kilograms.

Production in the smallholder subsector increased slightly from 24 million kilograms to 25.23 million kilograms

The total volume of exports for the January period Consumption of tea for period of four months until May 2018 amounted to 13 million kilograms against 12 million kilograms for the corresponding period of last year.

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