10th January, 2002 Africa Tea Brokers Limited
In contrast to the previous year,
tea-growing areas experienced plentiful and at times unseasonally heavy rains
with only short periods of dry weather. The first quarter crop reflected an increase of 56% over the
similar period in 2000 with the six months figure 46.27 million kgs ahead; at
the end of the third quarter, the cumulative crop reflected an increase of over
35%. Only in November and December was
there a comparative deficit over the same months in 2000. The final production for the year is
estimated at 285 million kgs – 21% ahead of the previous year.
The extended periods of wet weather had an effect on overall quality. Within each category, better teas both in leaf appearance and cup quality, were generally rewarded, fetching premiums.
MARKET
The all-growth average price opened the year at US$1.96 ($1.91) per kilo, with a significant drop to US$1.57 ($2.00) by the end of the first quarter; the six-month figures reflected an average price of US$1.61 ($2.01) declining further to US$1.57 ($2.03) by the end of the third quarter and closing the year at US$1.53 ($2.02). (Comparison averages for 2001 in italics)
DEMAND
Considering the higher crops, and
with quality teas often in short supply, offerings in Auction were
satisfactorily absorbed, albeit at lower prices.
BUYERS
Pakistan Blenders were a strong
feature of the Auction; the Bazaar and Afghanistan were active with varying
strength but quiet in August and September with Afghanistan naturally out of
the market for the weeks after September 11th, re-entering the
market at the end of November. There
was strong enquiry from Egypt (purchases were affected by a
short Comesa trade dispute in August). The Sudan,
Yemen and other Middle Eastern countries were always active. The UK lent consistent support, closely
following quality. Somalia and Ethiopia
were active on traditional fibrous Fannings types. Latterly there were significant purchases for Russia and Eastern
Europe with line orders for the USA, Ireland, Poland and other markets.
N J M WILSON
*** *** ***
*** ***
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RANK |
BUYER |
KENYA |
UGANDA |
RWANDA |
BURUNDI |
ZAMBIA |
TANZANIA |
MADAGASCAR |
MALAWI |
ZIMBABWE |
TOTALS |
|
1 |
Lipton
Limited |
62,297,258.50 |
640,787.50 |
1,479,525.50 |
227,773.50
|
- |
341,308.00 |
6,831.00 |
19,520.00 |
- |
65,013,004.00 |
|
2 |
James
Finlay Msa |
26,030,782.00 |
4,268,039.50 |
2,172,361.45 |
748,003.00 |
18,640.00 |
1,199,277.00
|
33,796.00 |
57,021.00 |
69,413.00 |
34,597,332.95 |
|
3 |
L.A.B.
International (K) Ltd |
22,033,376.50 |
3,578,186.50 |
1,288,671.50 |
994,095.50 |
19,196.00 |
1,420,665.50 |
13,758.00 |
106,880.00 |
59,270.00 |
29,514,099.50 |
|
4 |
Global
Tea & Commodities |
15,777,369.50 |
1,655,812.00 |
2,037,868.00 |
630,689.00 |
45,539.50 |
1,373,556.50 |
22,598.00 |
76,896.00 |
2,360.00 |
21,622,688.50
|
|
5 |
Juja
Coffee Exporters Ltd |
11,181,692.00 |
2,212,158.50 |
531,388.00 |
348,296.00 |
18,786.00 |
1,081,320.50 |
2,231.00 |
3,840.00 |
- |
15,379,712.00 |
|
6 |
Van
Rees Limited |
12,640,222.50 |
674,641.50 |
725,272.00 |
199,870.00 |
- |
526,303.00 |
2,596.00 |
26,880.00 |
4,319.00 |
14,800,104.00 |
|
7 |
Cofftea
Agencies Limited |
6,743,641.50
|
3,455,226.50 |
139,795.00 |
135,181.00 |
- |
860,338.50 |
1,102.00 |
36,011.00 |
1,956.00 |
11,373,251.50 |
|
8 |
Mombasa
Coffee Limited |
9,608,714.50 |
921,766.50 |
37,230.00 |
22,033.50 |
- |
100,164.00 |
2,695.00 |
2,480.00 |
- |
10,695,083.50 |
|
9 |
M.J.
Clarke Ltd |
6,749,357.00 |
1,230,804.50 |
695,726.00 |
263,820.50
|
6,784.00 |
522,901.50 |
27,138.00 |
14,000.00 |
2,756.00 |
9,513,287.50 |
|
10 |
Stansand
(A) Limited |
7,404,676.00 |
340,183.00 |
72,236.50 |
- |
9,400.00 |
1,226,122.00 |
5,474.00 |
2,400.00 |
35,560.00 |
9,096,051.50 |
|
11 |
Alibhai
Ramji (Msa) Ltd |
5,753,804.50 |
730,087.50 |
352,010.00 |
177,892.50 |
7,044.00 |
239,655.50 |
32,560.00
|
- |
13,828.00 |
7,306,882.00 |
|
12 |
Abbas
Traders Limited |
3,252,741.00 |
2,823,685.00 |
220,848.50 |
69,036.50 |
14,295.50 |
599,491.50 |
11,496.00 |
44,025.00 |
20,792.00 |
7,056,411.00 |
|
13 |
Tanjal
Investments Ltd |
4,327,396.00 |
1,415,764.20 |
149,932.50 |
285,649.50 |
42,137.50 |
392,258.50 |
15,057.00 |
7,340.00 |
1,168.00 |
6,636,703.20 |
|
14 |
Al-Emir
Limited |
4,060,438.50 |
168,682.50 |
271,206.50 |
226,442.00 |
- |
132,855.00 |
19,247.00 |
- |
2,396.00 |
4,881,267.50 |
|
15 |
Devchand
Keshavji (K) ltd |
4,320,247.00 |
47,388.00 |
56,947.50 |
22,172.00 |
- |
10,256.00 |
- |
- |
- |
4,457,010.50 |
|
16 |
E.A.Tea
Exporters Limited |
3,111,463.00 |
232,603.00 |
61,743.50 |
18,776.00 |
6,347.00 |
67,891.50 |
- |
- |
- |
3,498,824.00 |
|
17 |
Bico
Limited |
761,791.50 |
1,257,946.00 |
47,587.50 |
104,335.00 |
24,605.50 |
270,021.50 |
25,774.00 |
31,662.00 |
5,456.00 |
2,529,179.00 |
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18 |
Pegasus
Tea Limited |
1,602,700.00 |
149,423.00 |
142,563.00 |
34,490.00 |
- |
52,304.00 |
- |
- |
- |
1,981,480.00 |
|
19 |
Brooke
Bond ( Msa ) Ltd |
1,893,705.50 |
- |
- |
- |
- |
- |
- |
- |
- |
1,893,705.50 |
|
20 |
Hashi
Empex Limited |
706,185.50 |
725,762.00 |
48,036.00
|
51,053.50 |
4,792.00 |
174,619.00 |
10,053.00 |
16,988.00 |
1,316.00 |
1,738,805.00 |
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21 |
Shakab
Imports Exports Co |
1,172,250.00 |
122,319.00 |
53,937.50 |
140,258.50 |
- |
35,476.00 |
12,426.00 |
2,240.00 |
3,196.00 |
1,542,103.00 |
|
22 |
New
Star Ventures (EA) Ltd |
267,661.00 |
917,078.00 |
7,971.00 |
19,655.50 |
3,996.00 |
257,121.50 |
18,604.00 |
- |
- |
1,492,087.00 |
|
23 |
Afribridge
Trade Exporters Ltd |
809,128.00 |
63,031.00 |
143,015.50 |
138,933.00 |
- |
52,700.00
|
- |
- |
- |
1,206,807.50 |
|
24 |
Afham
Trading Limited |
835,392.50 |
193,067.50 |
28,704.00 |
36,718.50 |
- |
72,445.00 |
- |
- |
- |
1,166,327.50 |
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25 |
Mombasa
Packers Limited |
691,424.50 |
133,722.00 |
41,264.00 |
18,365.00 |
2,792.00 |
57,490.00 |
24,702.00
|
4,720.00 |
- |
974,479.50 |
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26 |
Kigless
Limited |
262,832.00 |
351,299.00 |
689.00 |
23,533.00 |
6,437.50 |
122,748.50 |
31,853.00 |
21,036.00 |
2,356.00 |
822,784.00 |
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27 |
Oriental
Tea Exporters Ltd |
410,969.00 |
68,496.00 |
43,791.50 |
51,030.50 |
10,648.50 |
39,292.00 |
- |
27,760.00 |
1,440.00 |
653,427.50 |
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28 |
Gacal
Merchants Ltd |
262,835.50 |
217,100.00 |
6,439.00 |
4,120.00 |
- |
60,004.00 |
1,420.00 |
800.00 |
- |
552,718.50 |
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29 |
Economic
Carriers |
88,664.00 |
270,568.00 |
19,745.50 |
16,846.00 |
- |
72,537.00 |
2,931.00 |
4,100.00 |
- |
475,391.50 |
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30 |
Crown
Tea limited |
58,825.00 |
215,118.00 |
5,817.50 |
10,511.50 |
4,796.00 |
109,139.00 |
11,311.00 |
2,160.00 |
- |
417,678.00 |
|
31 |
Cargill
A/C Stansand |
306,022.00 |
51,948.00 |
- |
- |
- |
13,980.00 |
- |
7,680.00 |
- |
379,630.00 |
|
32 |
Elamin
Trading Company Ltd |
187,955.00 |
112,956.50 |
18,931.00 |
2,174.00 |
- |
26,016.00 |
4,717.00 |
- |
- |
352,749.50 |
|
33 |
Lutex
Limited |
134,235.00 |
157,394.50 |
6,173.50
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7,003.00 |
5,200.00 |
28,371.00 |
- |
3,292.00 |
- |
341,669.00 |
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34 |
Shigog
Investments Ltd |
254,378.00 |
19,775.00 |
- |
1,460.00 |
- |
1,336.00 |
1,236.00 |
- |
- |
278,185.00 |
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35 |
Regency
Teas Limited |
94,571.50 |
21,757.00 |
40,413.00 |
36,927.50 |
- |
3,000.00 |
- |
- |
- |
196,669.00 |
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36 |
Okay
Tea Packers |
19,776.00 |
94,263.00 |
- |
- |
2,379.00 |
58,630.00 |
4,172.00 |
- |
- |
179,220.00 |
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37 |
Ken
Elbagara Tea Exporters |
41,811.50 |
95,579.00 |
2,208.00 |
1,035.50 |
- |
16,247.00 |
5,899.00 |
3,240.00 |
- |
166,020.00 |
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38 |
Mt.
Kenya Coffee |
123,733.00 |
27,476.00 |
2,042.00 |
955.50 |
- |
4,272.00 |
- |
- |
- |
158,478.50 |
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39 |
Carina
Drinks Limited. |
47,404.00 |
83,723.00 |
- |
8,980.00 |
- |
9,786.00 |
2,113.00 |
- |
- |
152,006.00 |
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40 |
Al-Ithihad
(1998) Limited |
120,990.00 |
7,328.00 |
1,100.00 |
- |
- |
12,056.00 |
- |
- |
- |
141,474.00 |
|
41 |
Kipkebe
Limited |
105,300.00 |
14,980.00 |
- |
- |
- |
6,796.00 |
- |
- |
- |
127,076.00 |
|
42 |
Trade
Circles |
74,647.50 |
30,123.00 |
2,392.00 |
3,411.50 |
- |
9,344.00 |
- |
- |
- |
119,918.00 |
|
43 |
El-Reza
Tea Exporters Ltd |
66,864.00 |
7,880.00 |
24,024.00 |
18,548.00 |
- |
- |
1,467.00 |
- |
- |
118,783.00 |
|
44 |
Diamond
Tea Exporters (K) Ltd |
60,372.00 |
22,607.00 |
- |
21,723.00 |
- |
4,676.00 |
- |
-
|
- |
109,378.00 |
|
44 |
Apt
Commodities Limited. |
23,852.00 |
32,499.00 |
- |
2,151.50 |
6,232.00 |
3,508.00 |
3,738.00 |
- |
- |
71,980.50 |
|
45 |
Maymun
Enterprises |
9,968.00 |
49,168.00 |
4,780.00 |
1,136.00 |
- |
6,028.00 |
- |
- |
-
|
71,080.00 |
|
46 |
Nyagah
Arts & Handicraft Co-op |
25,680.00 |
20,428.00 |
491.00 |
2,931.50 |
- |
13,272.00 |
6,534.00 |
- |
-
|
69,336.50 |
|
47 |
Greenland
Suppliers |
25,648.00 |
18,224.00 |
- |
1,904.00 |
- |
- |
- |
- |
-
|
45,776.00 |
|
48 |
Unitrad
limited |
26,307.00 |
11,500.00 |
2,155.05 |
2,071.00 |
- |
3,120.00 |
- |
- |
- |
45,153.05 |
|
49 |
Mella
Corporation |
30,980.00 |
- |
- |
- |
- |
- |
- |
- |
1,152.00 |
32,132.00 |
|
50 |
Bryson
Limited |
- |
18,598.00 |
- |
- |
2,800.00 |
4,180.00 |
- |
- |
- |
25,578.00 |
|
51 |
Equator
Tea Traders |
2,640.00 |
18,076.00 |
- |
- |
- |
4,836.00 |
- |
- |
- |
25,552.00 |
|
52 |
Janish
Tea Limited |
4,386.00 |
15,700.00 |
696.00 |
1,035.50 |
- |
1,115.50 |
- |
- |
- |
22,933.00
|
|
53 |
Royal
Premium Tea Ltd |
15,872.00 |
3,480.00 |
- |
- |
- |
2,660.00 |
- |
- |
- |
22,012.00 |
|
54 |
Chikwe
Enterprises |
2,192.00 |
7,420.00 |
- |
- |
- |
2,115.50 |
- |
- |
- |
11,727.50 |
|
55 |
Star
Tea Limited. |
4,466.00 |
4,288.00 |
- |
- |
- |
2,656.00 |
- |
- |
- |
11,410.00 |
|
56 |
Independent
Tea Packers |
- |
5,191.00 |
- |
- |
- |
4,880.00 |
- |
- |
- |
10,071.00 |
|
57 |
Kiringo
Tea Packers |
- |
9,956.00 |
- |
- |
- |
- |
- |
- |
-
|
9,956.00 |
|
58 |
Dieger
Trading Limited |
7,784.00 |
- |
1,192.00 |
- |
- |
- |
- |
- |
- |
8,976.00 |
|
59 |
Meadow
Multi Trading Co. |
4,000.00 |
4,100.00 |
- |
- |
- |
- |
- |
-
|
- |
8,100.00 |
|
60 |
Telo
Foods Products |
3,092.00 |
2,240.00 |
- |
- |
- |
- |
1,106.00 |
-
|
- |
6,438.00 |
|
61 |
Rauf
Coffee & Tea Exporters |
3,596.00 |
- |
- |
- |
- |
- |
2,204.00 |
- |
- |
5,800.00 |
|
62 |
Kilindini
Tea Warehouses Ltd |
- |
5,200.00 |
- |
- |
- |
- |
- |
- |
- |
5,200.00 |