MONTHLY REVIEW

 

A Review Of The Kenya Crop & The Mombasa Market: October, 2018

 

 

O F F E R E D

S O L D*

AVERAGE

2 0 1 8

Packages

Kilos

Packages

Kilos

US$

Kenya

548,242

36,852,148.00

505,528

34,098,480.00

$2.42

Uganda

122,577

6,974,160.00

103,052

5,818,498.00

$1.27

Rwanda

27,701

1,890,628.00

25,041

1,708,711.00

$2.72

Tanzania

13,239

726,346.00

11,137

594,840.00

$1.32

Ethiopia

640

25,391.00

480

18,942.00

$1.21

Mozambique

880

37,944.00

860

37,308.00

$0.83

Burundi

11,840

722,773.00

9,720

589,437.00

$2.22

TOTAL

725,119

47,229,390.00

655,818

42,866,216.00

$2.25

 

2 0 1 7

Packages

Kilos

Packages

Kilos

US$

Kenya

531,918

35,688,782.00

498,752

33,545,416.50

$3.06

Uganda

107,047

6,128,809.00

98,748

5,622,993.00

$2.06

Rwanda

23,020

1,550,388.00

19,580

1,323,660.00

$3.49

Tanzania

12,000

672,271.00

10,620

585,014.00

$2.04

Ethiopia

4,660

190,977.00

4,340

183,299.00

$1.67

Mozambique

2,660

130,248.00

2,860

141,568.00

$1.51

Burundi

9,760

602,321.00

7,920

494,040.00

$3.06

TOTAL

691,065

44,963,796.00

642,820

41,895,990.50

$2.91

 (Incl of outlots from previous sales)

 

               

 

The crop figure for the month of September, 2018 has been announced at 42,530,860 kgs showing an increase of 4,144,663kgs (10.80%) over the same month in 2017. The cumulative figure now stands at 346,236,716 kgs 42,679,166 kgs (14.06%) above the similar period last year.

KENYA:  West of the Rift:  - Kericho experienced sunny spells with some cloud cover in the first week and received minimal rainfall on only one day while partially cold mornings were reported the following week with warmer conditions during the day and cloudy afternoons; 21.9mm rainfall recorded. The third week saw moderately warm days changing to cloudy and wet afternoons recording 95.8mm rainfall with four estates reporting hail storms. Generally warm sunny conditions in the mornings changing to cloudy afternoons was experienced in the fourth week with reduced scattered rainfall recorded at 30.8mm with the final week experiencing warm sunny conditions during the day with some cloudy afternoons and 10mm rainfall on one day only. Bomet scattered showers reported in the first and third weeks with some rainfall recorded at 16mm, 11mm and 46mm in the second, fourth and fifth weeks respectively. Nyamira and Kisii 10mm, 17mm, 30mm, 22mm and 27mm was received during the five weeks respectively.

Temperatures averaged at maximum of 23C and minimum of 10C during the period.

Crop low and levels maintained in the last week.

-Nandi  rainfall of 9mm(weekly total 126.9mm) was received in the first week but waned to 5mm(weekly total 71.3mm) the following week increasing to 51mm (weekly total 708.2mm). In the fourth and fifth weeks rainfall waned to 44mm(weekly total 614.3mm) and 28mm(weekly total 386.3mm) respectively.

Temperatures averaged highs of 26C and lows of 10C in the month.

Crop low

-East of the Rift: - Kiambu only a few scattered showers were reported during the first and second weeks, increasing gradually to 10mm, 15mm and 21mm in the last three weeks respectively. Muranga/Nyeri/Kirinyaga 4.2mm rainfall received in the first week with 7mm the following week but only a few scattered showers reported in the third week; 23mm and 36 mm was reported in the fourth and fifth weeks respectively. Aberdare range of mountains Precipitation was recorded at 5.5mm, 6mm, 6mm in the first three weeks respectively, increasing to 19mm and 31mm in the last two weeks respectively. Embu/Meru Meru was dry in the first two weeks with Embu reporting rainfall of 10mm and 18mm respectively; in the third week Meru recorded 8mm rainfall with Embu experiencing drier weather conditions but 43mm and 5mm rainfall was reported in the fourth and fifth weeks respectively.

Temperatures averaged maximum of 22C and minimum of 13C in the five weeks.

Crop low although maintained in the final week.

 TANZANIA:  East Usambara -  22mm rainfall was recorded in the first week and experienced overcast and dry weather conditions with an exception of a few scattered in the following three weeks but closed the month with a deluge recorded at 192.80mm.

Temperatures  averaged highs of 23C and lows of 18C in the month.

Crop low but improved in the first week.

Southern Highlands dry weather prevailed but conditions improved seasonally with 13mm rainfall recorded in the fourth week.

Temperatures averaged at maximum of 21C and minimum of 11C in the month.

Crop show seasonal improvement.

WESTERN UGANDA: - Hoima the first week saw less rainfall recording 7mm but increased to 34mm the following week, waning to 4.5mm in the third week; in the fourth and fifth weeks there was more precipitation recording 48mm and 66mm respectively. Kibale rainfall showed a gradual increase recording 14mm, 28mm, 34mm and 51mm in the first four weeks respectively but reduced to 26mm in the final week. Fort Portal only 7mm of precipitation was received in the first week with more rainfall reported in the second and third weeks at 52mm and 80mm respectively which waned to 39mm and 21mm in the fourth and fifth weeks respectively. Bushenyi only 5mm recorded in the first week but increased to 24mm and 65mm in the second and third weeks respectively; there was reduced precipitation reporting 15mm and 31mm respectively in the fourth and fifth weeks.

Temperatures:  averaged at maximum of 28C and minimum of 17C during the month.

Crop:  declined in the first week but showed a gradual increase in the following two weeks with levels maintained thereafter.

Five sales were held during the month where a total of 655,818 packages were sold at an average price of US$2.25 comparative figures for the same month last year were 642,820 packages sold at an average price of US$2.91.

With inconsistent quality and fewer teas showing seasonal improvement coupled with uncertainties in Pakistan, the market was irregular and unsteady.

Good general demand prevailed for the 132,310 packages (8,619,299 kilos) on offer with 12.38% neglected during the first sale of the month. Best BP1s in the market appreciated by USC2 to USC8 with brighter categories irregular ranging between steady to USC4 dearer to easier by up to USC12 while mediums were discounted by USC4 to USC24; lower medium varieties were firm to USC4 easier with some lines neglected while plainer sorts were irregular varying between USC4 above last prices to USC6 easier. The best PF1s on offer held steady to USC10 dearer while brighter categories were irregular and ranged between USC4 above previous rates to easier by a similar level with medium types firm to USC14 dearer; lower medium sorts saw improved absorption at firm to USC22 dearer while plainer varieties were well competed for at firm to USC10 above previous rates. Best PDUSTs in the market met an irregular enquiry varying between USC3 dearer to easier by up to USC11 with brighter sorts a weak feature and shed USC8 to USC18 while medium descriptions were irregular and ranged between firm to USC18 above last prices to easier by a similar rate. Lower mediums were firm to USC4 dearer but poorer lines were discounted by up to USC30 while plainer types met improved competition and gained USC2 to USC12 but poorest were neglected. The best DUST1s available were irregular varying between USC2 dearer to easier by up to USC7 with brighter varieties ranging between USC6 dearer to easier by up to USC25 while medium sorts held firm to USC18 above previous levels but some lines eased by the same rate. Lower medium descriptions saw an irregular interest ranging between USC4 dearer to easier by up to USC5 with plainer categories fully firm to USC24 above previous levels but plainest were discounted where sold.

Fairly good demand for the136,599 packages (8,885,007 kilos)available in the market at irregular levels 12.61% remained without bids in the following week. The best BP1s on offer met an irregular enquiry ranging between USC5 dearer to easier by up to USC10 while brighter varieties shed USC6 to USC30 with medium categories gaining USC4 to USC24 but some invoices eased by up to USC5. Lower mediums were fully firm to USC6 below last prices with plainer descriptions well absorbed at USC2 to USC6 above previous rates. Best PF1s available were irregular varying between USC6 dearer to easier by up to USC15 with brighter sorts depreciating by USC11 to USC19 while medium categories were a weak feature and eased by USC10 to USC20 where sold. Lower mediums held steady to USC10 easier and poorest were neglected with plainer descriptions discounted by USC6 to USC13 and few invoices were unsold. The best PDUSTs on offer appreciated by USC35 but some lines lost up to USC10 while brighter varieties ranged between USC8 dearer to easier by up to USC11 with mediums discounted by USC6 to USC18 where sold; lower medium types varied between USC5 dearer to easier by a similar level with plainer categories steady. Best DUST1s in the market held firm to USC24 easier while brighter varieties ranged between USC6 dearer to easier by the same rate with mediums a weak feature and were discounted by USC2 to USC16 and many lines remained without bids; lower medium sorts gained up to USC20 but poorest were up to USC14 below previous levels where sold while plainer descriptions were steady to USC6 easier and some teas remained unsold.

There was good general demand for the 140,880 packages (9,187, 387 kilos) on offer with prices closely following quality. 13.29% however remained unsold in the third sale. Best BP1s available were well absorbed gaining up to USC18 but a few lines eased following quality with brighter types appreciating by up to USC15 but some invoices were marginally easier while medium sorts saw an irregular enquiry varying between firm to USC20 above previous levels to easier by USC4 to USC10; lower medium varieties were steady while plainer descriptions held firm on last with poorest difficult of sale.  The best PF1s on offer were USC4 to USC6 dearer while brighter categories gained USC4 to USC8 with mediums well competed for and appreciated by USC2 to USC16 although some invoices shed up to USC4; lower medium types were discounted by up to USC18 but a few improved lines gained marginally while plainer sorts were USC3 to USC6 above previous prices but plainest were easier where sold. Best PDUSTs in the market were steady to USC2 dearer and few lines eased following quality with brighter types depreciating by USC4 to USC16 while mediums were steady to USC8 dearer. Lower medium categories were discounted by USC3 to USC13 while plainer descriptions held firm to USC8 easier and poorest were difficult of sale. The best DUST1s available appreciated by USC8 to USC10 with brighter sorts steady to USC10 above last prices while medium categories met an irregular interest ranging between firm to USC4 dearer to easier by up USC24. Lower mediums varied between USC3 above last rates to easier by a similar level with plainer varieties firm to USC16 easier but plainest were neglected.

In the fourth sale good general demand prevailed for the 160,311 packages (10,419,218 kilos) in the market at selectively dearer levels closing following quality with 12.65% unsold. The best BP1s on offer gained USC4 but some invoices shed up to USC18 following quality while brighter varieties eased by USC6 to USC19 and a few lines were neglected with mediums irregular varying between USC6 dearer to easier by USC4 to USC12. Lower medium types were steady to USC15 below last prices with plainer sorts firm to USC5 easier. Best PF1s in the market gained USC2 to USC7 with brighter types USC2 to USC4 dearer while medium categories held firm to USC6 above previous levels; lower mediums were rather irregular and ranged between USC21 dearer to easier by up to USC6 with plainer descriptions barely steady to USC29 below previous rates where sold. The best PDUSTs available appreciated by USC12 but a few lines shed up to USC6 following quality while brighter varieties gained USC6 to USC8 with mediums opening at USC28 dearer but closed  between USC2 to USC8 above previous prices; lower mediums were discounted by USC2 to USC6 with plainer categories firm to USC6 dearer. Best DUST1s on offer met improved interest and gained USC5 to USC20 while brighter types appreciated by USC14 although some invoices eased following quality with mediums well competed for at firm to USC31 dearer; lower medium categories were firm to USC17 above previous rates while plainer types were barely steady to USC6 easier.

There was good demand for the 155,019 packages (10,118,475.5 kilos) on offer. 14.11% remained unsold in the last sale of the month. Best BP1s available shed USC5 to USC6 with brighter sorts irregular varying between USC4 dearer to USC5 easier while medium categories met an irregular enquiry ranging between USC2 to USC17 dearer to easier by up to USC6; lower mediums advanced by up to USC15 but a few lines eased by up to USC4 while plainer varieties were steady to USC6 easier. The best PF1s on offer held firm to USC7 easier while brighter varieties shed USC6 to USC13 with mediums about steady to USC4 below last prices. Lower medium varieties saw an irregular interest and varied between firm to USC10 dearer to easier by up to USC5 while plainer descriptions appreciated by USC2 to USC22. Best PDUSTs in the market were irregular ranging between USC2 dearer to easier by up to USC5 with brighter categories advancing by USC2 to USC8 while medium varieties were irregular and ranged between firm to USC9 above previous rates to easier by USC2 to USC16; lower medium sorts were well absorbed at fully firm to USC10 dearer but poorer teas were discounted by up to USC8 where sold while plainer descriptions were about firm to USC10 below last prices. The best DUST1s available were steady to USC5 easier with brighter varieties firm to USC5 below previous levels while medium categories saw less competition and shed USC5 to USC30 but a few improved invoices were firm. Lower medium types eased by USC8 to USC10 with plainer categories better absorbed and gained USC4 to USC13.

In the Secondary Catalogues BPs opened and closed firm, gaining in the second week while cleaner types appreciated in Sale 43 with others easier. PFs appreciated in the first two weeks but were irregularly easier in the remaining weeks. Clean well sorted coloury Fannings advanced with similar DUSTs steady and were dearer in Sale 42. Other Fannings held value in the first and third weeks, appreciating in the second week but were discounted in the last two weeks. DUSTs held firm but eased in the fourth sale. BMFs were well absorbed.

Pakistan Packers lent strong support and were dominant in the first two sales but thereafter were selective increasing interest in the final sale while Egyptian Packers lent more and strong enquiry while Kazakhstan and other CIS States showed strong activity. There was useful support from Russia while Afghanistan showed useful activity but were selective in the second week. Yemen and other Middle Eastern countries lent strong and useful interest with strong activity from Bazaar. UK and Sudan were active but selective while Iran were subdued. Somalia was active at the lower end of the market.

 

C T C QUOTATIONS Opening (italics) & Closing Sales

CATEGORY

BP1 USC

PF1 USC

PDUST USC

DUST1 USC

Best

350 431

315 452

293 334

282 348

294 345

300 367

300 346

315 336

Good

320 374

290 364

288 311

265 300

295 310

296 310

280 328

310 330

Good Medium

285 367

290 355

278 308

267 311

300 306

295 310

280 328

280 330

Medium

206 262

210 285

230 283

229 270

230 278

228 272

216 270

202 258

Lower Medium

124 220

120 220

100 244

150 242

135 262

160 240

135 260

170 240

Plainer

094 144

100 162

100 205

102 190

100 222

095 208

100 218

104 215