Kenya tea prices inch higher at latest auction NAI

NAIROBI (Reuters) - The average price of Kenya's top grade Broken Pekoe Ones tea rose to $3.43 per kg at auction from $3.38 at the previous sale, leading trader Africa Tea Brokers (ATB) said on Tuesday. The east African economy is the world's leading exporter of black tea, which is a major source of foreign exchange, earning 112 billion shillings last year. Grade Best Broken Pekoe Ones (BP1) sold at $3.00-$3.86 per kg at the auction, compared to $2.80-$3.96 at the previous sale, ATB said. Best Pekoe Fanning Ones (PF1) sold for $260-$316, compared to $2.58-$3.18. ...