The mountain Journal
editor@themountainjournal.co.ke
‘ It was the first time for the Kangunu factory to market its coffee at the NCE’ .
A second time in a month the Nairobi Coffee Exchange (NCE) has earned the farmers Sh1.5 billion after the sale of 27,864 bags of coffee.
The weekly sale was less than Sh1.7 billion that the previous coffee auction fetched.
On Tuesday, two leading coffee brokers Alliance Berries and Kirinyaga Slope delivered 18,130 bags of coffee, and ranked by the NCE as the leading in the mobilisation of coffee.
The reports from the weekly market explained that there were 9,558 bags of AA and 12,832 of AA, a total 22,390 bags of quality grades.
The produced brokered by the Alliance Berries achieved the best prices at Kangocho factory in the weekly sale achieved the best price of Sh55,296 per bag of the 76 bags of AA, Gakuyu Sh 54,908 of 83 bags of AA,
Others are GatinaSh54,519 for each of 31 bags, Kiamabara Sh54,778 for each of the 58 bags of AA and the Mathioya based Kangunu factory achieved Sh54,390 for each of the 96 bags, also brokered by Alliance Berries Limited.
It was the first time for the Kangunu factory to market its coffee at the NCE .
Others that achieved the best prices are Kiangombe and Konyo for their AA grades for Sh 55,296 for the AA grade, and Sh 52,318 for 35 bags which were brokered by Kirinyaga Slopes.
NCE CEO Lisper Ndung’u said the market received 27,864 bags compared to the previous 33,642 bags, calling on the cooperatives to increase the deliveries to the auction to satisfy the increased demand for Kenya’s produce.
In the auction the leading coffee brokerage firms, Kirinyaga Slopes earned Sh270,503,508 for 4,929 bags, New KPCU Sh127,533,187 for 2,398 bags, and Alliance Berries Limited Sh 75,1716,329 for13,201 bags.
“ We urge the farmers to continue producing the quality grades as the dealers are looking for the best for their customers all over the world,” said Ms Ndung’u..
In the coffee brokers category, the reports outlined that Alliance Berries delivered in the market 10,243bags of grades AA and AB, followed by Kirinyaga Slopes with 4,232 bags of similar grades.
Cooperative PS Patrick Kilemi said the coffee market was impressive, calling on the farmers to abide by all the regulations imposed for effective crop husbandry.
“It is the high time we urge our farmers in the categories of estates and cooperatives to take advantage of the prices being offered in the market,” said Kilemi.
In the dealers category, C Dorman 10,590 bags for Sh605,532,924, Ibero Kenya 5,668 bags ( Sh297,855,568)Taylor Winch 4,184 bags for Sh233,811,068, Kenyacof Limited paid Sh 96,248,839 for 1,153 bags, Sasini 933 bags that fetched Sh 61,966,040.
Other coffee brokers at the auction presented, KCCE 2,967 bags,Kiambu Coffee 182 bags , Kinya 348 bags, Kipkelion 1,283 bags, Minnesota 1,480 bags, Mt Elgon 262 bags , Murang’a Coffee 612 bags, and United Eastern 202 bags.
