Coffee price down 3pc at Nairobi exchange on lower quality bean supply
Thursday December 09 2021
A farmer in Tuiyo, Kapseret Constituency of Uasin Gishu County during harvesting of ripe berries on September 25, 2021. PHOTO | JARED NYATAYA | NMG
By GERALD ANDAE
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- A Nairobi Coffee Exchange (NCE) market report indicates the commodity fetched Sh37,740 for a 50-kilogramme bag in the sale, down from Sh39,200 in the last week’s auction.
- The NCE said the declining value is a result of sellers offering a mix of both low and high-quality coffee as the current season comes to a close.
Coffee prices fell by three percent at this week’s auction in Nairobi, the third straight weekly decline attributed to lower quality beans on offer for sale.
A Nairobi Coffee Exchange (NCE) market report indicates the commodity…