Kenya tea-auction prices jumped, shilling fell against dollar Output, shipments from biggest black tea exporter declined
Kenya’s earnings from tea exports in 2022 increased despite a drop in volumes, as its currency weakened against the US dollar and prices of the commodity improved.
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The world’s largest black tea exporter reported an increase in shipments of 1.5% to 138 billion shillings ($1.07 billion) last year, the Tea Board of Kenya said in a statement on its website.
Source:
Bloomberg
