Trade spats, politics hurt tea prices in East Africa
Finlay Mombasa Ltd employees arrange various types of tea for testing at the company’s laboratory before they are packed for export. Global tea prices have dropped in recent times. PHOTO | FILE | NATION MEDIA GROUP
Socio-economic and political crises in the world’s leading tea consumers have led to a significant decline in global tea prices.
And the East African Tea Trade Association (EATTA), an industry lobby, warns that the prices will continue dropping if the political uncertainties in major tea trading countries such as the US, the UK, Sudan, Egypt and Iran are not stemmed.
