A Review Of The Kenya Crop
& The Mombasa Market: January, 2012
|
|
O F F E R E D |
S O L D* |
AVERAGE |
||
|
2 0 1 2 |
Packages |
Kilos |
Packages |
Kilos |
US$ |
|
Kenya |
466,078 |
31,113,440.00 |
420,882 |
28,196,334.00 |
$2.91 |
|
Uganda |
125,431 |
7,035,314.00 |
104,641 |
5,784,468.00 |
$1.73 |
|
Rwanda |
33,349 |
2,122,787.70 |
28,906 |
1,829,746.60 |
$2.69 |
|
Madagascar |
360 |
20,000.00 |
280 |
15,564.00 |
$1.88 |
|
Tanzania |
29,955 |
1,613,651.00 |
25,815 |
1,352,265.00 |
$1.25 |
|
Malawi |
6,160 |
331,980.00 |
5,580 |
296,412.00 |
$1.21 |
|
D R of Congo |
40 |
2,228.00 |
40 |
2,228.00 |
$1.64 |
|
Mozambique |
2,556 |
138,927.00 |
2,016 |
104,196.00 |
$.099 |
|
Burundi |
16,017 |
975,023.50 |
13,556 |
826,384.50 |
$2.65 |
|
TOTAL |
679,946 |
43,343,351.20 |
601,716 |
38,407,598.10 |
$2.64 |
|
|
|||||
|
2
0 1 1 |
Packages |
Kilos |
Packages |
Kilos |
US$ |
|
Kenya |
325,308 |
21,360,401.50 |
286,160 |
18,735,403.00 |
$3.21 |
|
Uganda |
91,567 |
5,152,093.00 |
72,918 |
4,008,684.00 |
$1.99 |
|
Rwanda |
29,820 |
1,911,631.30 |
22,620 |
1,447,614.20 |
$3.13 |
|
Madagascar |
680 |
39,952.00 |
680 |
39,956.00 |
$2.21 |
|
Tanzania |
17,260 |
915,362.50 |
14,152 |
731,343.50 |
$1.64 |
|
Malawi |
3,380 |
186,453.50 |
2,800 |
152,253.50 |
$1.50 |
|
D R of Congo |
760 |
45,472.00 |
640 |
37,644.00 |
$2.07 |
|
Mozambique |
2,441 |
127,804.00 |
1,700 |
86,432.50 |
$1.45 |
|
Burundi |
9,030 |
549,925.50 |
7,610 |
463,091.00 |
$3.15 |
|
TOTAL |
480,246 |
30,289,095.30 |
409,280 |
25,702,421.70 |
$2.95 |
(Incl of outlots from previous sales)
The
crop for the month of December, 2011 has been announced at 41,392,584kgs
showing an increase of 3,062,218kgs (7.99%) over the same month in 2010. The
cumulative figure now stands at 377,912,178 kgs –
21,094,199 kgs (5.29%) below the similar period last
year.
KENYA:
West
of the Rift, Kericho:
Kericho – reported very dry hot conditions accompanied by windy weather in
the first week which continued through the month but a few showers were
experienced in the second week.
Bomet and Buret - recorded similar
weather patterns but a few scattered showers were reported in the first two
weeks building to some rainfall of 7mm in the third week.
Sotik, Gucha, Nyamira
and Kisii – experienced warm drier
weather conditions through the month.
Temperatures
averaged maximum of 25°C and minimum of 8°C during the month.
Nandi – recorded 14.1mm (weekly total 198mm) rainfall in the
first week and 2.7mm (weekly total 37.8mm)
recorded in the third week but conditions were warmer and drier through the
remaining period of the month. Temperatures averaged maximum 27°C and minimum 8°C during the month.
East of the Rift – most districts
reported dry weather in the first week although Muranga,
Nyeri and Kirinyaga
received some showers; 6mm of rainfall was received in the Aberdare
range of Mountains the following week with 8m in Kiambu,
Muranga, Nyeri and Kirinyaga while Embu and Meru reported 10mm. In the third week Muranga,
Nyeri and Kirinyaga
continued to receive rainfall of 8mm while areas around the Aberdares
reported only a few scattered showers; Kiambu, Embu and Meru experienced drier
conditions which spread into the fourth and fifth weeks in all tea growing
areas. Temperatures averaged 24°C in the month.
Crop – West of the Rift –showed signs of declining
in the first week and suffered frost damage the following week remaining low
for the rest of the period with droughty conditions.
Nandi – levels
remained low with much frost damage recorded in the second week.
East of the Rift –
continues to decline with bushes suffering much frost damage in the second
week.
EAST USAMBARAS –
TANZANIA: Drier weather conditions were experienced
right through the month with scattered showers recorded in the first and third
weeks only.
Crop – showed improvement in the first week but has declined.
WESTERN UGANDA: Bushenyi
received 23mm of rainfall while Hoima reported 22.4mm
during the first week but Fort Portal experienced only scattered showers while Kibaale was drier; dry weather conditions were reported in
all districts the following week but Bushenyi
recorded some showers. Fort Portal and Bushenyi saw
less rainfall of 8mm and 3.8mm respectively in the third week while Hoima and Kibaale continued to
experience drier weather which spread into to all districts in the remaining
weeks.
Crop –continue to drop.
Five sales were held
during the month where a total of 601,716 packages were sold at an average
price of US$2.64 comparative figures for the same month last year were 409,280 packages sold at an average
price of US$2.95.
With lower stock availability and after extensive damage of crop in most
areas in the region, the market showed signs of resurgence with strong buoyancy
in the third auction. Thereafter the market suffered a major setback due to the
slackening efficiency at the Port of Mombasa with the resultant serious
congestion.
Good
general demand for the 8,584,700 kilos (134,414
packages) on offer at irregular rates with (20.87%) teas neglected. Brighter BP1s were well absorbed at fully
firm levels to USC17 dearer but a few lines eased by upto
USC13 while well made mediums met improved enquiry
and gained USC2 to 16 but others declined by a similar level; lower medium BP1s
were irregular and varied between firm to USC4 dearer to easier by a similar
margin. Plainer sorts were well absorbed at firm to USC10 easier. Brighter PF1s
saw less interest and eased by USC2 to 16 with mediums varying between firm to
USC6 dearer to easier by upto USC4 and some lines
remained unsold. Lower mediums were a weak feature at firm to USC26 easier
while plainer descriptions were discounted by USC2 to 20 with plainest
neglected but a few improved lines gained. Brighter PDUSTs saw improved
competition appreciating by USC4 to 12 but some invoices shed USC5 to 6 while
mediums were well absorbed gaining USC2 to 14 but a few lines lost upto USC16; lower mediums met good absorption of firm to
USC6 above last prices. Plainer types were irregular varying between firm to USC13 dearer to easier by upto
USC20 with plainest teas remaining unsold. Brighter DUST1s were well absorbed
ranging between firm to USC10 dearer to easier by upto
USC4 while mediums saw better competition at firm to USC14 dearer but a few
lines shed upto USC4; lower mediums gained USC6 to
14. Plainer sorts varied between USC16 dearer to easier by upto
USC6.
Improved
general demand for the 7,916,335 kilos (122,895
packages) on offer with pries closely following quality but some teas,
particularly plainest types, remained unsold (12.47%). Brighter BP1s saw improved competition gaining USC2 to 18
while mediums were irregular and varied between USC6 to 12 dearer to easier by upto USC5; lower medium BP1s met an irregular enquiry
varying between USC16 dearer to easier by upto USC10.
Plainer sorts were a weak feature and discounted by USC2 to 8 with some lines
neglected. Brighter PF1s were well competed for appreciating by USC3 to 10 with
mediums a strong feature and gained USC5 to 10 while lower mediums met strong
support at USC4 to 20 dearer and substantially more for a few coloury types. Plainer PF1s met less interest with many
lines withdrawn but improved teas were USC7 to 8 dearer. Brighter PDUSTs met an
irregular enquiry varying between USC2 to 8 dearer to easier by upto USC4 while mediums ranged between USC4 to 10 dearer to
easier by upto USC2; lower mediums saw better
competition at USC6 to 14 dearer. Plainer descriptions were USC2 to 18 dearer
but some invoices remained unsold. Brighter DUST1s were fully firm to USC6
dearer with mediums firm to USC8 dearer but a few invoices shed upto USC2. Lower mediums were firm to USC14 above last
prices while plainer types were USC4 to 10 dearer.
Strong general demand for the 9,221,695 kilos
(145,391 packages) on offer at dearer
rates with less teas remaining unsold (11.31%)
in the third sale of the month. Brighter BP1s were
well competed for at USC2 to 20 dearer while mediums were fully firm to USC12
dearer; lower mediums were irregular and ranged between USC2 to 10 dearer to
easier by a similar margin and some invoices were neglected. Plainer types were
firm to USC12 dearer but some teas remained unsold. Brighter PF1s saw improved
competition at USC13 to 24 dearer with mediums a strong feature gaining USC8 to
24 but poorer types shed upto USC15. Improved lower
medium PF1s were USC2 to 20 above last prices but others were discounted by upto USC12 with a few invoices neglected. Plainer
descriptions held firm to USC34 above last levels but some lines received no
bids. Brighter PDUSTs were a strong feature and appreciated by USC7 to 46 while
mediums were well competed for at firm to USC28 dearer; lower mediums gained USC16
to 26. Plainer saw good enquiry at upto USC30 dearer
but poorer teas remained unsold. Brighter DUST1s met good absorption at USC6 to
16 dearer while mediums appreciated by USC8 to 20 with lower mediums USC16 to
26 dearer. Plainer types saw good enquiry at about firm to USC20 above last
prices.
Less general demand for the largest auction, todate, offering 9,409,113 kilos (148,370 packages) at generally easier rates with many more teas
remaining unsold (25.61%) in the
following sale.
There was lower absorption due to large stocks held up
at the Port of Mombasa and in Warehouses.
Brighter BP1s saw good interest but shed USC12 to 26 although a
few lines gained upto USC20 while mediums met
improved competition gaining USC8 to 12 but some invoices shed upto USC6; lower mediums saw good enquiry at USC2 to 14
dearer. Plainer sorts were irregular and varied between USC2 easier to dearer upto USC6 to 20. Brighter PF1s met an irregular enquiry and
varied between USC8 to 25 easier to dearer by USC4 to 10 with mediums
discounted by USC17 to 20 but some coloury lines
gained upto USC5. Lower medium PF1s were heavily
discounted by US5 to 36 and many teas were neglected but a few improved
invoices were upto USC5 dearer while plainer types
saw heavy withdrawals but some improved lines gained USC2 to 18; others lost upto USC30 where sold. Brighter PDUSTs met irregular
interest with a few improved lines upto USC20 dearer
but others eased by USC4 to 16 while mediums were a weak feature and shed USC6
to 20 with a few invoices remaining unsold; lower mediums were discounted by
USC20 to 26 with many teas neglected. Plainer descriptions were a weak feature
losing upto USC30 with many lines taken out. Brighter
DUST1s saw less activity at USC2 to 14 easier with mediums discounted by USC2
to 12 while lower medium DUST1s were a weak feature and shed USC14 to 25 but
clean coloury lines were upto
USC8 dearer. Plainer teas were well competed for at firm to USC18 below last
prices.
Good
demand for the 8,211,505.50 kilos (128,876
packages) on offer with some teas remaining unsold (16.56%) in the last sale of the month of January. Brighter BP1s met
improved interest at USC10 to 38 dearer with a few lines easier by USC7 to 28
while mediums gained upto USC25; lower mediums saw an
irregular enquiry and varied between firm to USC4
dearer to easier by a similar margin. Plainer sorts met irregular interest
ranging between USC4 to 32 dearer to easier by USC3 to 16. Brighter PF1s saw
less inquiry at USC4 to 18 easier with mediums discounted by USC4 to 17. Lower
mediums were USC6 to 18 below last levels while plainer types met irregular
interest ranging between USC2 to 10 dearer to easier by USC2 to 28 with some
lines taken out. Brighter PDUSTs were
easier by USC4 to 16 while mediums were discounted by a similar margin. Lower
mediums were a weak feature easing by USC18 to 20 while plainer descriptions
shed USC24 to 40 with many withdrawals. Brighter DUST1s met less interest at
USC4 to 10 easier while mediums were lower by USC2 to 10; lower mediums were
discounted by USC2 to 26. Plainer DUST1s saw less competition at USC8 to 32
easier where sold.
In the secondary
catalogues cleaner well made BPs eased while others
were firm in the first two sales and all categories held firm in the third week
with other types firm the following week but better types declined; all
categories gained in the last auction. PFs were generally dearer but
irregularly easier in the first and last weeks. Coloury clean well sorted Fannings met an irregular enquiry but were dearer in Sales
01, 03 and 05 while similar Dusts appreciated. Other Fannings
were unsteady in the opening week gaining in the next two sales but showed
easier tendencies in the final two weeks with similar Dusts dearer and only
eased in Sale 04. BMFs met good absorption particularly in Sale 04 but eased in
the second sale.
Pakistan Packers lent
strong support and continued active through the month with Egyptian Packers
showing strong enquiry in the second, third and fifth weeks but interest waned
in the remaining sales. Afghanistan was less active at the beginning of the
month but showed more activity the following week and was strong in the third
week with interest declining in Sale 04 but there was more interest in the last
sale while Bazaar maintained activity. There was some enquiry from the UK in
the first week but was selective with less enquiry the
following week but showed more interest in the remaining sales but was
selective. Yemen and other Middle Eastern countries maintained support showing
more interest in the third week while Kazakhstan(CIS) and Russia were more
active in the first week and lent strong enquiry in Sales 02, 04 and 05. Sudan
showed more activity which waned in the 3rd week while Iran was
quieter at the start but re-entered the market in the second week and was more
active in the third week; was however outbid the following week. Somalia was
active at the lower end of the market especially in the second and third weeks.
C T C QUOTATIONS –
Opening (italics) & Closing Sales
|
CATEGORY |
BP1 – USC |
PF1 –
USC |
PDUST –
USC |
DUST1 –
USC |
||||
|
Best |
237–346 |
276–358 |
312–338 |
310–372 |
322–344 |
320–375 |
332–368 |
330–370 |
|
Good |
235–253 |
272–304 |
308–314 |
312–318 |
310–330 |
324–336 |
330–340 |
328–332 |
|
Good Medium |
235–252 |
265–302 |
305–318 |
304–322 |
316–330 |
323–334 |
324–340 |
324–338 |
|
Medium |
200–252 |
225–270 |
280–313 |
250–312 |
277–326 |
276–332 |
298–326 |
295–342 |
|
Lower Medium |
146–210 |
150–198 |
174–238 |
188–258 |
260–302 |
270–295 |
285–308 |
220–302 |
|
Plainer |
102–160 |
090–150 |
098–218 |
100–218 |
088–270 |
095–262 |
085–298 |
100–290 |
|