wazua Thu, Jan 16, 2025
Welcome Guest Search | Active Topics | Log In | Register

8 Pages«<678
AGRICULTURAL STOCKS LOOKING GREENER
stocksmaster
#141 Posted : Wednesday, July 25, 2012 2:24:23 PM
Rank: Member


Joined: 9/26/2006
Posts: 410
Location: CENTRAL PROVINCE
Tea prices have now crossed over to above $4 per kg........
http://af.reuters.com/ar...s/idAFL6E8IOHEK20120724

Wonder how much higher the price will keep rising...

Happy Hunting
youcan'tstopusnow
#142 Posted : Wednesday, July 25, 2012 2:44:08 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
That should more than make up for the drop in production:
Kenya tea production to
drop 4.5pc due to harsh
weather
http://www.businessdaily.../-/pai764z/-/index.html
GOD BLESS YOUR LIFE
hisah
#143 Posted : Wednesday, July 25, 2012 3:21:35 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
stocksmaster wrote:
Tea prices have now crossed over to above $4 per kg........
http://af.reuters.com/ar...s/idAFL6E8IOHEK20120724

Wonder how much higher the price will keep rising...

Happy Hunting


Been watching commodo prices esp corn, wheat, tea and they are bullish. Other commodos like sugar, rice, coffee are reversing to bullish from bearish on the long term charts.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#144 Posted : Tuesday, November 12, 2013 5:10:16 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Millions of coffee and tea farmers are set to be hit after prices of the two commodities dropped to a seven-year low even as input costs surged following the recent scrapping of value added tax remissions.

The East Africa Tea Trade Association (EATTA) on Monday raised the alarm saying the livelihoods of up to two million farmers in the region are at risk as prices at the Mombasa auction have fallen below the production costs.

http://www.businessdaily...52/-/pvbvph/-/index.html
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
VituVingiSana
#145 Posted : Tuesday, November 12, 2013 7:22:09 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,124
Location: Nairobi
stocksmaster wrote:
Tea prices have now crossed over to above $4 per kg........
http://af.reuters.com/ar...s/idAFL6E8IOHEK20120724

Wonder how much higher the price will keep rising...

Happy Hunting
Well, now we know. You posed the question in July 2012. And prices started falling in July 2013 and have reached the lowest level in USD since 2008. Of course, the COST of production has gone up significantly since 2008.

Labor, electricity, fuel (diesel), transport, licensing, cess, excise tax, VAT, etc
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Users browsing this topic
Guest
8 Pages«<678
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.