The Mountain Journal
Coffee farmers raised Sh715 million after the sale of 19,478 bags of coffee in the weekly auction at the Nairobi Coffee Exchange (NCE).
In the auction, Grade AA marketed by Alliance Berries Limited sourced from Kimathi, Kiairia, Mihuti, and Gatomboya factories achieved the highest sales.
Kimathi factory registered the highest price of Sh50,764 for each of the 33 bags of AA grades presented in the market.
Kiairia fetched Sh50,634, Mihuti Sh 50,375, and Gatomboya Sh48,044.
Kathinthiuku factory produce marketed by the New KPCU achieved Sh49,857 for each of its 109 bags of AA grade.
NCE CEO Ms Lisper Ndung’u said in the market eight coffee brokers and 20 local and international buyers participated.
New KPCU and Alliance Berries Limited, she said, presented 7,053 bags and 6,486 bags of the commodity respectively.
In the market, grade AA presented accounted for 28.9 percent after the coffee brokers brought 4,710 bags, and 7,487 bags of AB for 39.15 percent.
“It’s the humble appeal of the NCE to farmers to produce quality and quantity coffee that will attract the buyers for competitive prices,” said Ndung’u.KCCE 1,098 bags for Sh33.6 million.
Alliance Berries Limited presented 6,486 bags sold that traded for Sh246.3 million.
Kinya Coffee 1,166 bags for Sh39.2 million.
Kipkelion 1,620 bags at Sh52.9 million.
Kirinyaga slopes 352 bags at Sh12.2 million
Minessota 873 bags at Sh30 million.
New KPCU 7,053 bags Sh267.2million
United Eastern 830 bags for Sh34.1 million
In the dealer’s category, reports from the NCE reflected that Ibero Kenya led the pack after it bought 6,391 bags of coffee at Sh216 million, and C-Dorman bought 2,861 bags for Sh123.6 million.
Other buyers were Sasini 2,552 bags for Sh11.3 million, and Taylor Winch 1,738 bags for Sh65.6 million.
