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Tea production fell in February

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Tea production fell by 2.94 percent in February 2018 to stand at 6.8 million kilogrammes (kg), compared to seven million kg in February 2017, according to latest figures from the Reserve Bank of Malawi (RBM).

The development comes at a time the local tea industry is optimistic of improved output this year.

In its Monthly Economic Report for February, RBM says during the month, tea sales through the Limbe Auction Market amounted to 0.8 million kg, slightly lower than 0.9 million kg in February 2017.

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“Tea prices averaged $1.89 per kg during the month under review compared to $1.78 fetched in a corresponding month in the preceding year.

“Consequently, total realisation from tea sales in the month under review amounted to $1.4 million, compared to $1.6 million realised in February 2017,” RBM said in the report.

Tea Association of Malawi Vice Chairman, Atu Kalinga, recently said the crop is doing well and that it has now reached its peak.

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Kalinga said with the current rainfall pattern, production is expected to increase this season.

“We have had good rains so far, and if this continues, we expect our output to be much higher as compared to last season. This will also depend on, when the rains will stop. Our prayer is that the rains should go on up to May and that, we should also experience the Chiperoni winds,” Kalinga said.

On sugar, RBM has said domestic sugar sales amounted to 10.1 million kg in February 2018, slightly lower than 10.2 million kg sold in February 2017.

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