MONTHLY REVIEW

 

A Review Of The Kenya Crop & The Mombasa Market: October, 2017

 

 

O F F E R E D

S O L D*

AVERAGE

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

 

2 0 1 6

Packages

Kilos

Packages

Kilos

US$

Kenya

330,814

21,972,771.50

306,519

20,450,090.00

$2.35

Uganda

65,094

3,683,056.00

58,679

3,285,998.00

$1.39

Rwanda

14,640

978,566.00

12,580

845,991.00

$2.68

Tanzania

1,940

96,026.00

1,760

88,122.00

$1.39

D R of Congo

360

22,804.00

400

25,428.00

$1.45

Mozambique

1,260

69,516.00

1,220

66,924.00

$1.42

Burundi

7,820

493,597.00

6,220

391,873.00

$2.04

TOTAL

421,928

27,316,336.50

387,378

25,154,426.00

$2.22

 (Incl of outlots from previous sales)

 

 

The crop figure for the month of September, 2017 has been announced at 38,386,197 kgs showing an increase of 1,408,834 kgs (3.81%) over the same month in 2016. The cumulative figure now stands at 303,557,550 kgs 43,105,126 kgs (12.43%) below the similar period last year.

West of the Rift:   Kericho reported warm and sunny mornings with cloudy hazy afternoons and conditions generally drier in the first two weeks; 69.8mm rainfall was received in the third week reducing to 33.4mm in the fourth week and 28mm on only three days of the fifth week.  Bomet 23mm rainfall was received in the first two weeks, increasing to 51mm and 93mm in the third and fourth weeks but waned to 39mm in the final week.  Nyamira and Kisii similar precipitation patterns reported with 23mm, 20mm, 48mm, 47mm and 32mm in the five weeks respectively.

Temperatures averaged maximum of 22C and minimum of 11C in the five weeks.

Crop low.

-Nandi mixed precipitation patterns experienced with 12mm (weekly total 169.9mm) received in the first week and only 5mm(weekly total 73.7mm) the following week but increased to 81mm(weekly total 1137mm) in the third week and reduced to 54mm(weekly total 756.4mm) and 31mm(weekly total 440mm) in the fourth and fifth weeks respectively.

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

Crop  low.

-East of the Rift   Kiambu isolated showers were reported in the first week with drier weather conditions experienced the following week; weather conditions took a turn with rainfall received in the remaining period at 32mm, 80mm and 29mm in the three weeks respectively. Muranga/Nyeri/Kirinyaga only 3mm of rainfall was received in the first week with drier conditions experienced the following week but the weather improved in the remaining three weeks experiencing 29mm, 57mm and 22mm rainfall respectively.  Aberdares range of Mountains the first week received precipitation of only 4.5mm and conditions were drier the following week; the weather improved in the remaining three weeks with rainfall of 61mm, 97mm and 32mm received respectively. Embu/Meru Embu recorded 6mm rainfall in the first week with dry conditions recorded the following week while Meru experienced drier weather in the first week with only a few scattered showers in the second week. Both areas recorded improved conditions with precipitation of 46mm, 82mm and 43mm in the remaining three weeks respectively.

Temperatures averaged maximum of 25C and minimum of 15C during the period.

Crop low.

EAST USAMBARAS TANZANIA:  during the first week, conditions were brighter with only a few scattered showers and 24.14mm rainfall was received the following week but the weather turned drier in the third week. In the fourth week, hot days were experienced with precipitation of 18mm and the weather improved in the fifth week with useful rainfall recorded at 101mm

Temperatures  averaged maximum of 30C and minimum of 17C during the month.

Crop improved in the first two weeks and levels maintained in the remaining period.

WESTERN UGANDA:  Hoima mixed weather conditions reported with precipitation of 22mm, 20mm, 21mm, 38mm and 19mm recorded during the five weeks respectively. Kibale in the first week 23mm rainfall was reported with a few scattered showers experienced the following week, recording 50mm in the third week which waned to 21mm in the fourth week and increased slightly to 38mm in the final week.  Fort Portal reported good rainfall throughout the month recorded at 59mm, 50mm, 63mm, 73mm and 45mm in the five weeks respectively.  Bushenyi 17mm of precipitation was recorded in the first week with 36mm, 47mm and 35mm rainfall reported in the second, third and fourth weeks respectively but only 6mm was received in the final week.

Temperatures:  averaged highs of 29C and lows of 17C in the month.

Crop:  maintained but took a dip in the third week.

Five sales were held during the month where a total of 642,820 packages were sold at an average price of US$2.91 comparative figures for the same month last year were 387,378 packages sold at an average price of US$2.22.

 

Reflected improved demand for most categories with vibrant participation of the main markets. However, the uncertainties around the re-run of the Kenyan presidential election have, to a great extent, affected (influenced) the supply and value chain of the market.

Fairly good demand for the 132,480 packages (8,632,611kilos) available in the market at irregular levels. 11.52% of the available teas remained unsold without bids in the first sale of the month. The best BP1s on offer shed up to USC8 while brighter categories gained USC4 to USC20 but a few invoices eased by USC4 with mediums better absorbed at USC2 to USC24 dearer but some invoices were neglected towards the close; lower medium sorts were USC2 to USC6 above previous rates with plainer descriptions appreciating by USC2 to USC10. Best PF1s available eased by USC10 while brighter types were irregular varying between firm to USC10 dearer to easier by USC4 to USC14 with mediums barely firm to USC18 easier and some teas remained unsold. Lower medium varieties saw an irregular enquiry ranging between firm to USC6 dearer to easier by up to USC10 while plainer sorts were irregular varying between USC2 to USC14 dearer to easier by up to USC8 where sold. The best PDUSTs on offer saw improved interest appreciating by USC12 with quality while brighter categories gained USC4 to USC7 with medium types irregular ranging between firm to USC10 dearer to easier by up to USC24 and a few lines were neglected; lower mediums saw good competition and were up to USC12 dearer with plainer types USC4 to USC18 above last rates. Best DUST1s available shed USC7 while brighter sorts were irregular varying between firm to USC6 dearer to easier by up to USC16 with medium varieties declining by USC5 to USC16. Lower mediums were firm to USC12 dearer but a few invoices eased with quality where sold with plainer sorts well absorbed at USC2 to USC8 below last weeks prices.

In the following week there was good demand for the 129,890 packages (8,471,085kilos) on offer at irregular rates closely following quality. 7.85% were however neglected. Best BP1s in the market were marginally dearer with brighter types well competed for at firm to USC20 dearer while mediums were steady to USC26 easier. Lower medium categories were steady to USC10 above last prices while plainer descriptions saw better absorption at USC2 to USC10 dearer. The best PF1s on offer gained USC8 with brighter varieties irregularly firm to USC26 easier while mediums held steady to USC20 below previous levels and some invoices were unsold; lower mediums met an irregular enquiry ranging between firm to USC10 dearer to easier by a similar rate with plainer sorts easing by USC2 to USC10 but a select few gained with quality. Best PDUSTs available appreciated by up to USC10 closely following quality with brighter varieties irregular varying between firm to USC10 dearer to easier by USC4 to USC7 while mediums saw an irregular activity and ranged between firm to USC6 dearer to easier by up to USC3. Lower medium PDUSTs were firm to USC10 above previous rates while plainer types held firm to USC8 dearer. The best DUST1s in the market were barely firm with brighter categories easing by USC2 to USC10 while mediums met an irregular enquiry varying between USC5 dearer to easier by USC2 to USC20; lower mediums varied between steady to USC8 dearer to easier by up to USC5 while plainer descriptions ranged between firm to USC4 dearer to easier by the same level.

There was good but irregular demand for the 137,560 packages (8,931,039 kilos) available in the market and prices closely followed quality with 12.90% remaining unsold in the third week. The best BP1s on offer met strong interest and appreciated by USC26 while brighter categories were a weak feature easing by USC10 to USC30 and some invoices were neglected; a select few gained up to USC10 with mediums irregular varying between USC8 to USC18 dearer for improved lines to easier by USC5 to USC8. Lower mediums were steady to USC36 below last prices although a few invoices gained with quality while plainer sorts ranged between USC6 dearer to easier by up to USC4. Best PF1s in the market appreciated marginally while brighter types were irregular varying between firm to USC2 dearer to easier by up to USC3 with mediums most irregular and varied between USC2 to USC12 above last levels to easier by the same rate; lower medium sorts eased by USC2 to USC25 where sold but a few invoices were up to USC10 dearer with quality. Plainer PF1s shed up to USC8 with some lines neglected. The best PDUSTs on offer shed up to USC32 while brighter varieties eased by USC8 to USC28 with mediums a weak feature depreciating by USC10 to USC34; lower mediums were barely steady to USC14 easier while plainer categories were discounted by USC2 to USC10 where sold. Best DUST1s available appreciated by up to USC10 while brighter sorts were USC4 to  USC36 below last rates with mediums irregular varying between firm to USC12 dearer to easier by up to USC18; lower mediums were firm with plainer categories steady to USC14 below previous levels.

Maintained good general demand for the 147,380 packages (9,566,121kilos) at irregularly easier rates closely following quality and 9.93% were neglected without bids in the following week. Best BP1s available gained USC8 with brighter descriptions well competed for at USC8 to USC20  dearer while mediums saw an irregular enquiry and ranged between USC2 to USC6 above last rates to easier by USC4 to USC28; lower mediums eased by up to USC6 with plainer categories steady. The best PF1s on offer appreciated by up to USC6 following quality while brighter sorts were irregular and shed USC6 to USC16 and some lines remained unsold with mediums firm to USC22 below previous levels. Lower medium PF1s eased by USC2 to USC5 while plainer descriptions depreciated by USC4 to USC10 and some teas were neglected. Best PDUSTs in the market met good interest gaining USC4 with brighter varieties easing by USC18 to USC26 while mediums were irregular and shed USC4 to USC34; lower mediums were well absorbed but lost up to USC17.  Plainer types saw good absorption at USC2 to USC26 below last prices and poorer lines remained unsold. The best DUST1s on offer eased by USC14 with brighter varieties well absorbed at USC5 to USC20 dearer while mediums met an irregular interest ranging between USC10 dearer to easier by USC4 to USC46 and more with some lines unsold; lower mediums shed up to USC10 while plainer categories depreciated by the same rate.

In the last sale of the month there was improved general demand for the143,755 packages (9,362,940kilos) on offer but 10.87% of the teas remained unsold. The best BP1s on offer were firm while brighter varieties eased by USC10 to USC22 with mediums about steady to USC12 easier; lower mediums were irregular with quality varying between firm to USC2 dearer to easier by USC6 while plainer descriptions held firm to USC2 above last prices. Best PF1s available appreciated by USC8 with brighter types about steady to USC10 easier and some lines were unsold while mediums gained USC2 to USC7; lower medium categories were firm to USC5 above previous levels with plainer sorts well-competed for at USC6 to USC36 dearer. The best PDUSTs on offer held firm while brighter varieties shed USC10 to USC14 with mediums irregular and ranged between steady to USC5 dearer to easier by up to USC12 and a few invoices remained without bids. Lower mediums met good absorption and were firm to USC18 dearer while plainer categories met improved interest at firm to USC4 above last rates. Best DUST1s in the market appreciated by USC14 while brighter sorts eased by USC5 to USC14 with mediums irregular varying between firm to USC4 dearer to easier by up to USC10 and some lines were unsold. Lower medium types saw better activity gaining USC10 to USC18 with plainer descriptions USC4 to USC10 dearer.

In the Secondary Catalogues BPs gained. The PFs eased in the first week but held value in the next three sales and were dearer in the final week. Clean well sorted coloury Fannings appreciated but were easier in the second week. DUSTs advanced at the start and were steady thereafter. Other Fannings were irregular, easing in the first week and held value in the remaining auctions. Other DUSTs were generally dearer but depreciated in the third and fourth weeks. BMFs were readily absorbed at dearer rates.

Pakistan Packers lent strong support and were dominant with useful enquiries from Yemen and other Middle Eastern countries while Egyptian Packers maintained strong support and were more active and forceful in the final sale. Interest from Afghanistan and Bazaar waned in the opening two sales but thereafter lent more and useful activity. There were more enquiries from Kazakhstan and other CIS nations but were selective in Sale 41 and interest waned in the closing week with Russia maintaining strong interest and more purchases in Sales 41 and 42. Activity from UK was irregular, maintaining enquiry in the first week and showed more interest in the remaining weeks although barely visible in the fourth week. Sudan were more active while Iran were subdued but showed more interest in the last week. Somalia were very 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

370 464

326 500

366 439

330 464

444 472

388 470

420 448

380 454

Good

359 390

330 368

355 388

322 355

439 452

386 406

410 430

390 410

Good Medium

316 396

260 372

340 380

322 354

428 454

380 398

402 430

324 410

Medium

260 365

260 282

275 332

265 327

290 334

275 326

275 333

270 325

Lower Medium

176 236

172 250

186 272

175 278

250 284

235 292

270 278

249 292

Plainer

174 210

174 228

172 256

160 242

244 274

210 272

250 270

154 274