Bloomberg News

Malawi Benchmark Tea Price Climbs 28% at Sale, Tea Brokers Says

June 14, 2011

June 14 (Bloomberg) -- The benchmark price of tea in Malawi, Africa’s largest producer of the crop after Kenya, jumped 28 percent to $2.40 a kilogram (2.2 pounds) at a sale today, Tea Brokers Central Africa said.

The price rose from $1.88 a kilogram a week earlier, Tea Brokers, which manages the country’s tea auctions, said in an e- mailed report today.

To contact the reporter on this story: Frank Jomo in Blantyre at fjomo@bloomberg.net

To contact the editor responsible for this story: Gordon Bell at gbell16@bloomberg.net


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