Coffee price down 3pc at Nairobi exchange on lower quality bean supply

Coffee price down 3pc at Nairobi exchange on lower quality bean supply

Commodities

Coffee price down 3pc at Nairobi exchange on lower quality bean supply

Thursday December 09 2021 coffee

A farmer in Tuiyo, Kapseret Constituency of Uasin Gishu County during harvesting of ripe berries on September 25, 2021. PHOTO | JARED NYATAYA | NMG

geraldandae By GERALD ANDAE
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Summary

  • 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…

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