Tagged: mombasa
Article · Explainers
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.
Guide · Markets & Prices
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.