Kenya's tea output jumps 14 pct in the first half of the year

NAIROBI (Reuters) - Kenya's tea production jumped by 14 percent in the first six months of this year to 230.99 mln kg from the same period last year, the regulator Tea Directorate said on Thursday.

The East African nation is the world's biggest exporter of black tea, one of its top earners of hard currency along with tourism and cash sent home by its citizens living abroad.

The average price of the leaves slipped to $2.76 per kg during the period from $3.00 per kg in the same period last year, the directorate said.

The higher production of the crop was attributed to good rainfall in the tea growing highlands during the period, the regulator said.

The regulator said in February it expected output to rise to 452 million kg this year with export earnings also rising by 5 percent to 135 billion Kenyan shillings ($1.35 billion).

($1 = 100.3500 Kenyan shillings)

(Reporting by Duncan Miriri, editing by David Evans)

2018-08-09 13:00:42

© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.