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stocksmaster		#141 Posted : Wednesday, July 25, 2012 2:24:23 PM
Rank: Member Joined: 9/26/2006 Posts: 463 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 x handle: @stocksmaster79
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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
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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!
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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 .
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VituVingiSana		#145 Posted : Tuesday, November 12, 2013 7:22:09 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,361 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*
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