A Review Of The
|
|
O F F E R E D |
S O L D* |
AVERAGE |
||
|
2 0 0 8 |
Packages |
Kilos |
Packages |
Kilos |
US$ |
|
|
371,680 |
24,403,766.00 |
359,818 |
23,761,487.50 |
$1.87 |
|
|
78,264 |
4,692,290.50 |
74,685 |
4,472,722.50 |
$1.32 |
|
|
29,280 |
1,894,662.00 |
26,040 |
1,691,661.50 |
$1.81 |
|
|
20 |
1,184.00 |
20 |
1,184.00 |
$1.32 |
|
|
- |
- |
- |
- |
- |
|
|
24,457 |
1,307,700.80 |
22,041 |
1,160,853.30 |
$1.23 |
|
|
2,197 |
107,935.50 |
2,117 |
103,743.50 |
$1.15 |
|
D R of |
800 |
43,604.00 |
800 |
43,604.00 |
$1.12 |
|
|
- |
- |
- |
- |
- |
|
|
7,060 |
432,528.50 |
6,580 |
403,296.00 |
$1.65 |
|
TOTAL |
513,758 |
32,883,671.30 |
492,101 |
31,638,552.30 |
$1.76 |
|
|
|||||
|
2 0 0 7 |
Packages |
Kilos |
Packages |
Kilos |
US$ |
|
|
287,653 |
19,122,383.00 |
280,794 |
18,686,629.50 |
$1.85 |
|
|
50,695 |
3,073,738.50 |
48,935 |
2,969,645.50 |
$1.42 |
|
|
13,960 |
921,630.50 |
12,800 |
847,622.00 |
$1.88 |
|
|
160 |
8,924.00 |
160 |
8,924.00 |
$1.46 |
|
|
- |
- |
- |
- |
- |
|
|
20,780 |
1,099,538.50 |
20,000 |
1,058,019.00 |
$1.22 |
|
|
1,780 |
95,612.00 |
1,580 |
82,500.00 |
$1.07 |
|
|
- |
- |
- |
- |
- |
|
D R of |
1,312 |
66,926.00 |
1,218 |
61,971.00 |
$0.82 |
|
|
500 |
25,312.00 |
500 |
25,112.00 |
$1.09 |
|
|
4,130 |
253,656.50 |
3,690 |
230,109.50 |
$1.52 |
|
TOTAL |
380,970 |
24,667,721.00 |
369,677 |
23,970,532.50 |
$1.76 |
(Incl of outlots from previous sales)
The crop for the month of November, 2008 has been announced at
34,405,579 kgs showing an increase of 2,069,428 kgs (6.40%) over the same
month in 2007. The cumulative figure now stands at 307,895,145 kgs – 32,879,392 kgs (9.65%) below the similar period last year.
KENYA:
West of the Rift Kericho, Buret, Bomet, Gucha, Nyamira,
Kisii and Sotik saw less
precipitation during the month with only scattered showers reported in the
second week with temperatures averaging maximum 23°C and minimum 10°C in the
first three weeks but rose to maximum of 24°C and minimum of 10°C in the last
week. Nandi also reported drier warmer conditions
with less rainfall although a few scattered showers were also experienced in
the second week; temperatures averaged maximum 25°C and minimum 10°C in the
first three weeks with a maximum of 27°C and minimum of 10°C in the final week.
East of the Rift reported scattered showers but with drier weather throughout
the month and temperatures averaged at 21°C .Crop continued to decline but
showed a slight improvement in West of the Rift, Kericho in the last two weeks.
EAST USAMBARAS –
TANZANIA: Dry conditions were recorded with
only scattered showers in the first three weeks with temperatures averaging at
maximum of 31°C and minimum of 12°C in the first fortnight dropping down to
maximum 30°C and minimum 9°C and maximum of 30°C and minimum of 15°C in the
last two weeks respectively. Crop declined with only a slight increase recorded
in the first week.
WESTERN UGANDA: Mixed and drier weather reported in all districts during the
month with
The prevailing strong demand was the result of the re-entry
of some markets which had not participated during the previous month due to
high prices on most categories on offer. The general weather patterns predicting
drier conditions have indicated dropping crop levels in most tea growing areas
in the region which also played a part in attracting competition.
Four sales were held during the month where a total of
492,101 packages were sold at an average price of US$1.76. Comparative figures
for the same month last year were 369,677 packages sold at an average price of
US$1.76.
In
the first sale of the month demand improved further for the 144,743 packages (9.29 million kilos) on offer at
irregular rates closely following quality. Brighter BP1s were a strong feature
gaining USC2 to 18 but a few lines lost upto USC20
with declined quality while mediums met better enquiry gained upto USC14 but a few invoices eased by upto
USC5; lower mediums were fairly well absorbed at steady levels to USC12 easier
with some lines withdrawn. Improved plainer types were barely firm but others
eased by upto USC12 with many lines remaining unsold.
Brighter PF1s met good enquiry and appreciated by USC2 to 18 with mediums
irregular ranging between USC2 to 14 dearer for improved coloury
sorts to easier by upto uSC12 for poorer teas while
lower mediums were USC5 to 7 dearer. Plainer descriptions were firm to USC16
above last levels. Brighter PDUSTs saw improved
enquiry at USC5 to 12 dearer but a few lines eased by upto
USC16 while mediums were fully firm to USC14 dearer with improved interest for
lower mediums which gained USC2 to 11. Plainer types were dearer by USC3 to 12
at the opening closing at firm to a few cents dearer. Brighter DUST1s
appreciated by USC2 to 12 with mediums firm to USC12 above last levels while
lower medium sorts were well absorbed gaining USC5 to 10; plainer teas opened
at USC2 to 10 dearer closing at fully firm rates.
The
125,135 packages (8.02 million kilos)
on offer received a very strong improved demand which appreciated as the sale
progressed in the next sale. Brighter BP1s met useful enquiry gaining USC6 to
36 with mediums well competed for at USC3 to 22 dearer while lower mediums were
difficult of sale and eased by USC2 to 9. Plainer descriptions were however
well absorbed at firm levels with some lines remaining unsold but well made
sorts were upto USC6 and more dearer. Brighter PF1s
saw an irregular interest ranging between USC8 to 20 dearer for improved
invoices to easier by upto USC15 while medium PF1s
were a strong feature appreciating by USC8 to 16; lower mediums were well
supported opening at firm to USC8 dearer and closed upto
USC30 above last prices. Plainer types were USC5 to 8 dearer at the start but
closed USC2 to 13 higher. Brighter PDUSTs were a
strong feature gaining USC5 to 21 with mediums well competed for at USC10 to 29
dearer; lower mediums saw better absorption gaining USC6 to 20. Plainer teas
were irregular with improved lines upto USC15 dearer
but poorer types lost upto USC8. Brighter DUST1s
appreciated by USC14 to 22 while mediums saw improved competition gaining USC9
to 20 with lower mediums well absorbed at USC12 to 18 dearer. Plainer DUST1s
were irregular with poorest teas upto USC8 easier but
coloury lines gained upto
USC17.
Strong
demand prevailed for the 119,574 packages (7.6
million kilos) on offer in the following sale. Brighter BP1s met a strong
enquiry and appreciated by USC2 to 24 with the best substantially dearer while
mediums were USC2 to 20 above last levels but a few lines lost upto USC4; lower mediums saw better enquiry and were well
absorbed at USC5 to 22 dearer. Plainer categories held about firm to USC12
dearer but poorer sorts declined by upto USC3 with
some lines remaining unsold. Brighter PF1s were a strong feature gaining USC2
to 16 but a few lines eased by USC3 while mediums met good competition at USC13
to 36 dearer; lower medium PF1s were irregular with improved lines gaining upto USC26 but others eased by upto
USC12. Plainer types were well absorbed at USC8 to 30 dearer. Brighter PDUSTs saw useful interest at USC9 to 20 dearer while
mediums met strong competition appreciating by USC10 to 25; lower mediums
gained USC3 to 24 above last prices. Plainer description were USC10 to USC28
and more dearer. Brighter DUST1s were well absorbed at
USC10 to 22 dearer while mediums were USC15 to 23 above last levels with lower
mediums upto USC18 dearer. Plainer sorts gained USC12
to 30.
In
the final sale of the year very strong demand was maintained for the 124,306 packages
(7.93 million kilos) on offer.
Brighter BP1s were irregular ranging between firm to USC7 dearer for improved
well made types but others eased by upto USC10 while
mediums were a strong feature gaining USC6 to 20; lower mediums were firm to
USC16 above last prices. Plainer sorts held fully firm to USC10 dearer on last.
Brighter PF1s were well competed for appreciating by USC15 to 20 while mediums
were a strong feature gaining at USC4 to 20; lower mediums were irregular with
improved coloury sorts upto
USC18 dearer but others lost upto USC6. Plainer teas
held firm to USC8 above last prices. Brighter PDUSTs
were a strong feature gaining USC12 to 28 with mediums well competed for and
were even stronger at USC25 to 32 dearer. Improved lower mediums gained upto USC36 but others declined irregularly while plainer
types were dearer by upto USC30 but a few poorer teas
lost upto USC7. Brighter DUST1s were well absorbed at
USC7 to 24 dearer with mediums a strong feature appreciating by USC17 to 28;
lower mediums met strong competition at USC30 to 40 above last levels. Plainer
descriptions were about firm to USC34 dearer.
In
the secondary catalogues all BPs were weak in the
first sale but subsequently firmed and closed dearer with PFs
generally irregular although coloury clean sorts were
well absorbed in the first week; all categories appreciated in subsequent sales.
Well sorted clean coloury Fannings
were irregular gaining only in the third week with Dusts a strong feature and
were substantially dearer in the last three auctions. Other Fannings
were well absorbed at dearer levels but eased in the first sale; similar Dusts
gained. BMFs were well absorbed.
Egyptian
packers were dominant with very strong support from
|
CATEGORY |
BP1 – US$ |
PF1 – US$ |
PDUST – US$ |
DUST1 – US$ |
||||
Best
|
236–260 |
270–315 |
192–266 |
236–262 |
181–200 |
200–246 |
182–218 |
224–242 |
|
Good |
202–242 |
210–266 |
188–200 |
230–242 |
166–182 |
210–238 |
169–190 |
|