MONTHLY REVIEW

         

               

 

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

 

 

O F F E R E D

S O L D*

AVERAGE

2 0 1 8

Packages

Kilos

Packages

Kilos

US$

Kenya

532,333

35,798,974.00

501,197

33,791,722.00

$2.49

Uganda

140,406

7,779,516.00

116,909

6,405,044.00

$1.48

Rwanda

41,139

2,803,926.00

35,499

2,416,500.50

$2.72

Madagascar

80

4,304.00

40

1,912.00

$1.30

Tanzania

25,880

1,411,968.00

22,160

1,194,451.00

$1.51

Ethiopia

440

19,712.00

440

19,698.00

$1.26

Mozambique

1,739

69,717.00

1,739

69,681.00

$1.01

Burundi

19,374

1,213,990.00

16,154

1,018,033.00

$2.34

TOTAL

761,391

49,102,107.00

694,138

44,917,041.50

$2.33

 

2 0 1 7

Packages

Kilos

Packages

Kilos

US$

Kenya

400,945

26,821,368.00

368,956

24,641,994.80

$3.01

Uganda

79,815

4,576,851.00

75,134

4,295,627.00

$1.82

Rwanda

26,960

1,828,536.00

24,080

1,632,718.00

$3.28

Madagascar

80

4,304.00

80

4,304.00

$1.70

Tanzania

15,019

843,418.00

14,180

796,070.00

$1.90

D R of Congo

1,000

60,944.00

360

20,984.00

$1.74

Mozambique

1,820

90,452.00

1,820

90,452.00

$1.34

Burundi

14,660

927,938.00

13,700

869,514.00

$2.90

TOTAL

540,299

35,153,811.00

498,310

32,351,663.80

$2.83

 (Incl of outlots from previous sales)

                      

 

 

The crop figure for the month of June, 2018 has been announced at 43,299,062kgs showing an increase of 2,761,143kgs(6.81%) over the same month in 2017. The cumulative figure now stands at 230,995,100kgs 30,082,357kgs (14.97%) above the similar period last year.

 

KENYA:  West of the Rift:  - Kericho cold and cloudy conditions were reported during the day in the first week with gloomy, and at times, wet afternoons; precipitation was recorded at 99.9mm and incidences of hail storms with cold mornings experienced the following week accompanied by intermittent afternoon light showers recorded at 33.5mm. In the third week conditions turned colder with rainfall reported at 41.4mm and the fourth week continued to experience colder conditions with cloudy mornings followed by irregular warm sunny intervals; minimal rainfall was recorded. Conditions continued cold in the mornings in the final week followed by irregular short sunny intervals and the afternoons were generally cold with light showers. Bomet 31mm rainfall was recorded in the first week with only scattered showers the following week which increased to 13mm in the third week; conditions turned drier in the fourth week while the fifth week received some precipitation recorded at 26mm. Nyamira and Kisii in the first week rainfall of 47mm was reported but progressively waned to 31mm, 10mm and 7mm in the following three weeks respectively but increased to 13mm in the final week.

Temperatures averaged at 21C maximum and 10C minimum during the period. 

Crop remains low.

-Nandi irregular weather patterns were experienced with 26mm (weekly total 367.3mm) rainfall and 54mm(weekly total 761.6mm) was recorded in the first two weeks respectively but waned to 22mm(weekly total 303.9mm) in the third week with only scattered showers of 5mm(weekly total 64.2mm) recorded in the fourth week; 38mm (weekly total of 533.3mm) precipitation was reported in the final week.

Temperatures averaged highs of 24C and lows of 9C in the month.

Crop continues low.

-East of the Rift: - Kiambu 10mm, 13mm and 85.mm rainfall was recorded in the first three weeks respectively with only scattered showers received in the fourth week; 10mm rainfall was received in the last week. Muranga/Nyeri/Kirinyaga first week saw precipitation of 27mm but reduced to 10mm the following week with the third week recording 11mm; rainfall waned to 7mm the fourth week with a slight increase to 13mm in the final week. Aberdare range of mountains irregular weather patterns experienced with precipitation of 17mm, 7mm, 13mm, 6mm and 16mm recorded in the five weeks respectively. Embu/Meru 40mm, 12mm and 13mm of rainfall was received in the first three weeks respectively with only 4mm reported in Embu during the fourth week but Meru experienced drier weather conditions; 20mm was reported in the fifth week.

Temperatures averaged maximum of 24C and minimum of 13C in the five weeks.

Crop continues low.

TANZANIA:  East Usambara -  experienced overcast conditions throughout the month with rainfall of 43mm and 45.95mm in the first two weeks respectively but only received scattered showers recorded at 2.95mm, 4.5mm and 4.35mm in the remaining three weeks respectively.

Temperatures  averaged maximum of 25C and minimum of 17C in the five weeks.

Crop showed a slight increase in the first week but remained low thereafter.

 Southern Highlands seasonal dry weather conditions prevailed with minimal rainfall recording only 5mm and 13.9mm in the fourth and fifth weeks respectively.

Temperatures averaged highs of 18C and lows of 9C during the period.

Crop seasonally low.

WESTERN UGANDA: -  Hoima precipitation was recorded at 16mm in the first and second weeks increasing to 23mm in the third week; however only 13mm was received in the fourth week with drier weather experienced in the final week. Kibale 60mm, 10mm, 28mm and 28mm rainfall was reported in the first, second, third and fifth weeks respectively but weather conditions turned drier in the fourth week. Fort Portal precipitation of 31mm was recorded in the first week but waned to 8mm the following week with weather conditions drier in the third and fourth weeks; only 11mm rainfall was received in the last week. Bushenyi drier weather conditions were experienced throughout the month.

Temperatures:  averaged maximum of 29C and minimum of 18C during the month.

Crop:  maintained in the first week but declined in the remaining period.

 

Five sales were held during the month where a total of 694,138 packages were sold at an average price of US$2.33 comparative figures for the same month last year were 498,310packages sold at an average price of US$2.83.

 

A volatile market at easier rates due to irregular quality with more plainer teas on offer coupled with less interest from major consuming countries.

Good but rather irregular demand for the 157,438 packages (10,182,799 kilos) available in the market closely following quality and only 9.86% remained unsold during the first sale of the month. The best BP1s on offer were irregular varying between USC5 dearer to easier by up to USC18 while brighter categories saw improved absorption at USC12 to USC14 above previous levels with mediums steady to USC18 dearer where sold. Lower medium varieties met improved interest at USC14 to USC20 and substantially more on selected lines while plainer types were discounted by USC2 to USC24 with some teas unsold. Best PF1s available were rather irregular varying between USC12 dearer to easier by USC26 but brighter varieties were however well competed for gaining USC9 to USC16 with mediums appreciating by USC6 to USC12; lower medium types held steady to USC4 above last prices but poorest were neglected. Plainer sorts were a weak feature easing by USC4 to USC6 with plainest difficult of sale. The best PDUSTs in the market saw an irregular enquiry varying between USC12 dearer to easier by up to USC15 with brighter types gaining USC4 to USC6 while medium sorts appreciated by  a similar level; lower medium categories were most irregular ranging between USC20 dearer to easier by up to USC2 while plainer descriptions were firm but plainest were neglected. Best DUST1s in the auction met an irregular activity and varied between USC6 dearer to easier by USC8 while brighter varieties ranged between USC14 dearer to easier by up to USC4 with mediums varying between USC4 above previous rate to easier by USC6. Lower medium categories saw an irregular interest and ranged between USC2 dearer to easier by up to USC17 with some teas unsold while coloury plainer types gained up to USC14 but others eased by up to USC4 when sold.

In the following week good demand prevailed for the 161,018 packages (10,378,590kilos) on offer with prices closely following quality. 11.63% were neglected. Best BP1s available met improved enquiry gaining USC8 to USC10 with brighter sorts well absorbed at firm to USC4 easier while medium varieties saw increased interest appreciating by USC3 to USC20 above previous prices; lower mediums held firm to USC10 easier but a few lines gained with quality while plainer descriptions were better absorbed at USC2 to USC10 dearer but plainest were difficult of sale. The best PF1s in the market appreciated by up to USC16 but a few invoices eased with quality while brighter types were steady to USC7 below previous levels and some teas were unsold; medium categories held firm to USC8 easier and some teas were neglected while lower mediums shed USC6 to USC10 and a few invoices were unsold but some teas gained with quality. Plainer varieties were USC3 to USC8 dearer but plainest sorts remained without bids. Best PDUSTs on offer held steady to USC19 easier while improved brighter categories were firm to USC2 dearer but others shed up to USC4 with medium varieties well absorbed at USC6 to USC24 dearer. Lower mediums held steady to USC15 dearer with plainer types firm to USC9 above last rates but plainest were neglected. The best DUST1s available met an irregular activity ranging between USC26 dearer to easier by up to USC21 with brighter categories USC8 to USC14 dearer while medium types gained USC4 to USC9; lower mediums were irregular varying between USC4 dearer to easier by up to USC6 with improved plainer descriptions USC6 dearer but others eased by up to USC12 where sold and plainest were difficult of sale.

Fair demand for the 153,715 packages (9,904,349 kilos) available in the market at irregular rates with 13.41% remaining unsold in the third week of the month. The best BP1s on offer were irregular varying between USC3 dearer to easier by USC5 while brighter categories were well-competed for at firm to USC36 dearer with medium types irregular and varied between USC6 to USC11 above previous levels to easier by USC4 to USC10 and some teas were unsold. Lower medium sorts were well absorbed at steady to USC27 dearer with plainer descriptions ranging between firm to USC18 dearer to easier by up to USC20. Best PF1s in the market shed USC10 to USC30 where sold with brighter varieties easing by USC8 to USC17 and some teas were neglected while mediums met an irregular interest ranging between USC8 dearer to easier by USC12 to USC14 and some invoices remained unsold; lower medium categories eased by USC3 to USC12 with some teas unsold while plainer sorts lost USC3 to USC12 with plainest difficult of sale. The best PDUSTs available appreciated by USC4 to USC6 with brighter types irregular varying between USC2 to USC18 dearer to easier by up to USC3 while mediums saw improved activity gaining USC2 to USC16 although a few teas were discounted on account of quality; lower medium sorts shed USC11 to USC39 and some lines were neglected while plainer descriptions eased by USC8 to USC20 with many invoices unsold. Best DUST1s on offer were firm to USC14 easier while brighter types ranged between USC5 dearer to easier by up to USC14 with mediums gaining USC6 to USC8. Lower medium varieties shed up to USC10 with a few invoices remaining without bids. Plainer categories met better interest with cleaner sorts appreciating by USC6 while others eased by up to USC10 and poorest were neglected.

There was less demand for the 145,382 packages (9,386,647 kilos) available in the market with prices closely following quality. 13.05% were neglected without bids in the following week. Best BP1s in the market were strongly competed for appreciating by USC17 but a few lines shed up to USC5 with brighter sorts irregular ranging between USC13 dearer to easier by up to USC26 and some invoices were unsold while medium varieties met an irregular activity varying between USC10 dearer to easier by USC10 to USC26 with some teas neglected. Lower medium types were firm to USC6 above last prices while plainer categories gained USC2 to USC12. The best PF1s on offer heId steady to USC3 dearer while brighter types were marginally dearer to USC4 below previous rates with medium categories about firm to USC26 easier and some lines were unsold. Lower medium types were discounted by USC2 to USC12 while plainer descriptions held firm to USC24 easier with plainer varieties firm to USC10 dearer but poorest were difficult of sale. Best PDUSTs in the market saw an irregular enquiry and varied between firm to USC6 dearer to easier by a similar level while brighter types showed irregular tendencies varying between USC10 dearer to easier by up to USC14 and some teas were neglected with medium varieties about steady to USC23 below last prices. Lower mediums appreciated by USC3 to USC24 but some lines eased with quality while plainer sorts ranged between USC10 above previous levels to easier by up to by USC2. The best DUST1s available were firm to USC2 easier with brighter varieties irregular varying between USC15 dearer to easier up to USC5 while medium categories met an irregular interest varying between firm to USC11 dearer to easier by a similar rate; lower mediums eased by USC8 to USC26 while plainer varieties shed up to USC5 where sold.

Good but irregular demand for the 143,838 packages (9,249,722 kilos) on offer which improved as the sale progressed particularly lower medium and plainer PDUST and DUST1 varieties in the last auction of the month. The best BP1s available gained USC4 to USC8 while brighter categories saw improved interest appreciating by USC4 to USC22 with medium types irregular varying between USC12 dearer to easier by USC3 to USC10 and a few lines were unsold; lower medium varieties were about steady to USC6 easier but plainer sorts were irregular ranging between firm to USC easier where sold but a few improved lines gained with quality. Best PF1s in the market were steady with brighter categories easing by USC4 to USC5 and some invoices were unsold while medium types were firm to USC8 easier and many invoices were neglected; lower mediums held firm to USC10 below previous rates and a few teas were unsold with plainer descriptions irregular varying between USC2 dearer to easier by USC4 and plainest were neglected. The best PDUSTs on offer were steady to USC8 easier with brighter categories firm to USC5 below last prices while mediums met an irregular enquiry varying between firm to USC5 dearer to easier by a similar margin; lower medium sorts held steady to USC18 easier with plainer varieties irregular and ranged between firm to USC8 dearer to easier by up to USC10. Best DUST1s in the market were firm to USC6 dearer while brighter types were steady to USC10 below previous levels with medium sorts irregular and ranged between USC4 dearer to easier by up to USC8. Lower medium descriptions gained up to USC6 and more for a few improved lines with plainer varieties opening about firm but appreciated by up to USC23 towards the close.

In the Secondary Catalogues BPs gained but eased in the last sale while PFs were firm. Clean well sorted coloury Fannings gained but opened easier with similar DUSTs appreciating. Other Fannings and similar DUSTs were generally irregular but gained although the latter lost value in the last week. BMFs were well absorbed at dearer levels.

Pakistan Packers lent strong support but interest waned in Sale 30 while activity from Egyptian Packers was generally irregular with easing tendency but however showed more useful interest in the final sale. Yemen, other Middle Eastern countries, Kazakhstan, other CIS nations and Sudan lent more and useful enquiries while Afghanistan showed useful interest remaining more selective in the final week. Activity from Russia was good but selective and increased support in Sale 28. Bazaar showed more and useful support which eased-off in the last two weeks and were selective with UK active but more selective. Iran were quieter while Local Packers showed less interest and were restricted by price in Sale 30 but showed more activity in line with price in the last week. Somalia lent more interest 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

250 372

290 382

302 334

289 320

284 337

286 320

260 361

290 326

Good

244 332

280 342

297 328

280 300

276 304

280 303

276 296

284 300

Good Medium

230 322

245 354

286 320

265 302

276 296

275 298

272 294

282 306

Medium

196 279

200 259

250 294

240 274

240 280

235 272

240 278

232 268

Lower Medium

150 267

130 268

185 266

150 238

170 250

140 240

185 256

160 248

Plainer

090 168

118 155

104 214

110 204

111 225

100 224

126 220

100 228