Bloomberg Markets :press: on Nostr: Enough Tea to Brew 7.5 Billion Cups Is Piled Up in East Africa Three years ago, Kenya ...
Enough Tea to Brew 7.5 Billion Cups Is Piled Up in East Africa
Three years ago, Kenya — one of the world’s biggest tea producers — set a minimum price for the commodity to cushion farmers from losses in an oversupplied market. Now, it’s been forced to suspend the plan and set about clearing a huge inventory at bargain rates instead. #press
https://www.bloomberg.com/news/articles/2024-11-05/enough-tea-to-brew-7-5-billion-cups-is-piled-up-in-east-africa?utm_source=press.coop
Three years ago, Kenya — one of the world’s biggest tea producers — set a minimum price for the commodity to cushion farmers from losses in an oversupplied market. Now, it’s been forced to suspend the plan and set about clearing a huge inventory at bargain rates instead. #press
https://www.bloomberg.com/news/articles/2024-11-05/enough-tea-to-brew-7-5-billion-cups-is-piled-up-in-east-africa?utm_source=press.coop