Why a Screen Never Replaced the Tea Broker

A licensed broker still takes roughly one percent of a tea auction's value for cataloguing, tasting, and vouching for a lot no algorithm grades, and one century-old exchange has brought its old open-outcry room back after going fully digital. Here is what the commission buys, and why regulators keep steering trade through it.

Kenya's Tea Farmers Took Home Less in a Year the Shilling Got Stronger

A tea garden is paid in its own currency for a crop sold against the US dollar, so the exchange rate can move a season's income more than the harvest does. Kenya and India lived through opposite versions of that mechanism in the same year.

The Tea Auctions

How tea is priced and sold. The canonical reference on the world's tea auctions: how a sale actually works, the major centres at Mombasa, Colombo, and across India, the move from the outcry floor to the screen, and what an auction price really means.