For Roasters & Retailers

Coffee Prices in Further Decline at Weekly Auction

From businessdailyafrica.com

The price of Kenya’s coffee declined further this week at the auction, losing 13 percent on Tuesday’s sale.

This followed a similar trend in the global prices.

A market report by the Nairobi Coffee Exchange (NCE) indicates that a 50-kilogramme bag of coffee fetched Sh11,500 in the weekly trading, down from Sh13,300 in the previous sale.

In last week’s trading, coffee lost its value by the same percentage point marking the lowest price to be recorded since the beginning of the year.

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