T
Originally published by The Standard Business
đź“° Read Full Article
August 21, 2025
3d ago

Coffee market fetches Sh649 million in weekly auction

Coffee market fetches Sh649 million in weekly auction

The weekly coffee auction fetched Sh649.4 million after the sale of 10,850 bags of coffee at the Nairobi Coffee Exchange...

✨ Key Highlights

Kenya's weekly coffee auction at the Nairobi Coffee Exchange (NCE) saw a significant increase in earnings, fetching Sh649.4 million from the sale of 10,850 bags of coffee. This marks a substantial rise from the previous week's earnings of Sh529.2 million.

  • The highest price for Grade AA coffee was achieved by Kiganjo and Kanyariri factories, brokered by Alliance Berries Limited, at Sh56,075.92 per bag.
  • The average price per bag of coffee at the auction was Sh47,835.
  • New KPCU led the participating brokers by selling 3,499 bags, which generated Sh212.6 million.
  • Of the 15 dealers, Ibero Kenya was the top purchaser, acquiring 2,901 bags, with the top five dealers buying 84 percent of the total volume traded.

Continue Reading

Read the complete article from The Standard Business

đź“° Read Full Article