KTDA controls more than 60 percent of the total tea produced in the country, while the East African Tea Trade Association (Eatta) runs the Mombasa auction. Key Responsibilities a) Validating accuracy of all stock details whether the stock is in transit, warehouse and the factory. 2020 list of prequalified candidates to vie for tea factory company directorship. Click OK to accept our Privacy statement. Nov 1995 - Oct 2020: 0.740 (59.68 %) Chart. Tea production is threatened by the existing “dysfunctional” auction system, predatory behavior by KTDA and low and unstable tea prices, the ministry said. k) Liaising with warehouse team to assess quantity of tea available for sale. Receiving and post all auction prices for all factories. In Mombasa, the auction met with good general demand with the same trend of last week where the Dust sale was less dynamic compared to the Leafy sale. d) Ensuring timely dispatch of product samples, weight notes and warrants to Brokers as per approved procedures. About 60% of that processed tea is sold at Mombasa Tea Auction on Tuesdays all year round, where crooked, opaque and corrupt ‘price discovery’ is done. Sales representative - Auction , KTDA. “We know what goes on at the auction. k) Liaising with warehouse team to assess quantity of tea available for sale. Range. Social impact investments that have impacted tea farmers lives through KTDA Foundation, Press release on total payment to farmers for financial year ended June 30, 2020. Tea prices at the Mombasa auction are projected to rise in the fourth quarter on improved demand as winter sets in key markets. KTDA Farmers Building Moi Avenue, Nairobi P.O. Chai trading Company even has an Office in Dubai. KTDA factories’ tea prices registered a rise, albeit marginally, during the last auction of 2019. KETEPA wins big at CIO100 Awards Social impact investments that have impacted tea farmers lives through KTDA Foundation Press release on total payment to farmers for financial year ended June 30, 2020 Tea Growers payment for the year ended June 30, 2020. Tea Monthly Price - US Dollars per Kilogram. The weekly tea auction, held in … Unit: US Dollars per Kilogram. “Tea prices at the Mombasa Tea Auction have not stabilised as they oscillate between lows of Sh180 ($2) to highs of Sh225 ($2.5). • Must demonstrate commitment to operational effectiveness • Should have ability to solve problems by applying relevant business knowledge • Should demonstrate professional expertise in the relevant work area • Must have the ability to communicate for both written and oral communication • Must be able to work under pressure • Must be a flexible person, who is willing to learn and able to work flexible hours to achieve goals • Must have knowledge in use of MS office packages. WEEKLY AVERAGE PRICES OF TOTAL TEA SOLD AT INDIAN AUCTION DURING - 2018. During the auction, the agency-managed factories closed at $2.64 per kilogram, against a $2.12 per kilogram for the Mombasa auction prices. Qualifications/Skills/Experience The ideal candidate must possess the following qualifications and competencies: – • Bachelor’s degree in Marketing or Business related field • Minimum four (4) years of experience • Must have high level analytical skills • Must demonstrate high integrity and ethical practice • Must demonstrate ability to work independently with minimum supervision. The Colombo Tea Auction is the single largest tea auction in the world.Auctions are held every Tuesday and Wednesday,except during the New Year and at Christmas. Preparing timely and accurate weekly and monthly reports and distributing to users. c) Checking all auction catalogues for accuracy and completeness. • Must be a team player who is able to work cordially in teams • Must demonstrate ability to multitask. A kilo of tea traded at $1.93 (Sh211.14) at this week's auction, gaining marginally from last week amid a drop in volumes traded. The weekly Mombasa auction is at the centre of the tea trade in Kenya, and an important reference point for the global tea industry. The Auction is the first instance where the subsistence Tea Farmer is conned. The Tea Exporters Association was incorporated to promote and protect the common interests of members who are engaged in tea exports. To read the full report, please download the PDF file: On this website we use cookies to improve your experience. africa tea brokers ltd. nyerere avenue, ralli house, p.o.b0x 81883-80100, mombasa, kenya. Important Notice on Fake Tenders! This is a change of -4.58% from last month and … The other 40% is handled through private arrangements where certain players are given wealth on a silver platter. i) Ensuring that brokers receive information on available teas based on production trends on timely basis. The privatization of the nationalized tea estates in the mid-90s and the rapid increase in the private tea factories in the same decade was the main reasons that encouraged the tea exporters to band themselves together under the banner of the T.E.A. In Mombasa, the auction met with good general demand with the same trend of last week where the Dust sale was less dynamic compared to the Leafy sale.This week there were 165,973pkgs on offer, 10% higher compared to last week, with an outlot figure of 29k pkgs, an increase of 30% higher compared to sale 46. Kenya Tea Auction Price is at a current level of 2.540, down from 2.662 last month and down from 2.859 one year ago. e) Attending to auction customer’s complaints and enquiries as and when required. h) Preparing timely and accurate weekly and monthly reports and distributing to users. Description: Tea (Mombasa/Nairobi auctions), African origin, all tea, arithmetic average of weekly quotes. 6m 1y 5y 10y 15y 20y 25y 30y. Tea Growers payment for the year ended June 30, 2020. j) Receiving and post all auction prices for all factories. About 60% of that processed tea is sold at Mombasa Tea Auction on Tuesdays all year round, where crooked,opaque and corrupt ‘price discovery’ is done. Tea auction prices have been on an upward trend in the past three weeks, showing recovery signs towards the traditional two-dollar mark. The Tea Exporters Association was incorporated to promote and protect the common interests of members who are engaged in tea exports. A Brief History Auction Schedule Auction Average Prices Auction Prices Auction Outlots Buyers Purchases Current Catalogues The Auctions are held weekly, on Mondays and Tuesdays. KETEPA wins big at CIO100 Awards Social impact investments that have impacted tea farmers lives through KTDA Foundation Press release on total payment to farmers for financial year ended June 30, 2020 Tea Growers payment for the year ended June 30, 2020. Tea prices have continued to trade below the 2-dollar mark for the eleventh straight week, signaling low earnings for farmers compared to last year. KTDA handles between 160 million and 200 million kilos of processed tea annually. Read our. So brokers are unable to sell them the tea below reserve prices. All rights reserved by Kenya Tea Development Agency Ltd. We use cookies to give you the best experience on our website. tel : 254 41 2312822/ 2312407 / 8 / 10 / 41 fax : 254 41 2312442 To apply, please visit https://recruitment.ktdateas.com/ and apply online not later than 24th July 2020. Only short listed candidates will be contacted. The All Avg hammer shed 3cts to close at 1.89h which is 1USD lower to average of the corresponding sale in 2015 where they had 153,992pgks. Tea prices rose to KSh 231 per kilo at this week’s Mombasa auction, showing signs of a possible bounce back after suffering a five-year low in July, where prices hit an average $ 1.76 (KSh182.70) per kilo. Appreciation message to our customers and partners, Dr. Charles Mbui speaks to Financial Standard. On average, all teas at the weekly auction sold at $1.89 per kilo during the period, down from $2.01 a year ago, the agency said in an emailed statement. By continuing to browse the site, you are agreeing to our use of cookies. It is treated as a non-KTDA entity which is just fraud. g) Following up with the warehouses to ensure that samples are delivered to brokers in time, and accurately. The Kenya Tea Development Agency (KTDA) offering emerged the second-best tea in terms of value at the auction, fetching $2.47 a kilo. i) Ensuring that brokers receive information on available teas based on production trends on timely basis. i) Ensuring that brokers receive information on available teas based on production trends on timely basis. KENYA TEA DEVELOPMENT AGENCY (HOLDINGS) LTD is an equal opportunity employer. The declining trend in North Indian tea auctions seem to have started reflecting in Kochi sales as well, registering a drop in prices both for dust and … This week’s average price showed a KSh8.30 rise from last week’s auction price of KSh223 per kilo, to KSh231.32 per kilo. All BP1’s were steady to easier, EoR firmed up as the sale progressed and the Rwanda’s lost the gains of last week. Market data from the auction indicates the price of Rwandan tea stood at $2.71 a kilo in the sale held last week against Kenya’s $2.14 for the same quantity. 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