Bloomberg News

African Top Grade Tea Prices Mostly Gained at Sale, Broker Says

June 07, 2011

June 7 (Bloomberg) -- The top prices of most African tea grades increased at auction today, according to tea broker James Finlay (Mombasa) Ltd.

“There was improved demand at dearer rates for the 148,024 packages on sale today with strong interest from Egypt packers, Afghanistan, Russia, Yemen and other Middle Eastern countries,” the broker said in an e-mailed report today.

To contact the editor responsible for this story: Alastair Reed at areed12@bloomberg.net


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