Bloomberg News

African Tea Prices Climb ‘Substantially’ at Auction, Broker Says

July 05, 2011

July 5 (Bloomberg) -- African tea prices increased “substantially” at an auction held today in the Kenyan port city of Mombasa, tea broker James Finlay (Mombasa) Ltd. said.

“Demand was strong and prices for good quality teas were substantially dearer,” 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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