{"id":28402,"date":"2016-07-20T13:03:17","date_gmt":"2016-07-20T11:03:17","guid":{"rendered":"http:\/\/www.times.mw\/?p=28402"},"modified":"2016-07-20T13:03:17","modified_gmt":"2016-07-20T11:03:17","slug":"tea-prices-improve","status":"publish","type":"post","link":"https:\/\/archive.times.mw\/index.php\/2016\/07\/20\/tea-prices-improve\/","title":{"rendered":"Tea prices improve"},"content":{"rendered":"<p>Tea prices have improved after week, of slow trading. At the Limbe Tea Auction, the market recorded one of the highest prices in weeks at $2.20 as compared to last week\u2019s auction where the highest bidder offered $1.80 for the best tea.<\/p>\n<p>The lowest price on offer during the auction was $0.72.<\/p>\n<p>Coffee and Te a Merchants Association of Malawi Chairperson, William Sichinga, said the development is as a result of off season market dynamics.<\/p>\n<p>\u201cWe are going into off season and buyers are scrambling for the little tea that is available on the auction. This has pushed the price upwards which is a good development,\u201d said Sichinga.<\/p>\n<p>The auction saw 24 lots weighing 58,860 kilogrammes being auctioned under Tea and Commodity Brokers Limited while Tea Brokers Central Africa Limited auctioned 36 lots weighing 82,980 kilogrammes.<\/p>\n<p>Tea is Malawi\u2019s second largest foreign exchange earner after tobacco.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tea prices have improved after week, of slow trading. At the Limbe Tea Auction, the market recorded one of the highest prices in weeks at $2.20 as compared to last week\u2019s auction where the highest bidder offered $1.80 for the best tea. The lowest price on offer during the auction was $0.72. Coffee and Te [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":28399,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/28402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=28402"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/28402\/revisions"}],"predecessor-version":[{"id":28406,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/28402\/revisions\/28406"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/28399"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=28402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=28402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=28402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}