The Mountain Journal
editor@themountainjournal.co.ke
The Nairobi Coffee Exchange (NCE) netted Sh 2.4 billion in the weekly auction after the estate and cooperatives offered 40,918 bags.
The market had 18 buyers as the Alliance Berries Limited offered the highest volume of 14,651 bags that fetched 917.3 million.
New KPCU:6,107 bags ( Sh 359 million), Kirinyaga Slopes 5,461 bags( Sh356 million) Kipkelion 4,454 bags( Sh253.9 million). Others were KCCEMA: 2,392 bags,CEBBA 2,282 bags, Kinya Coffee: 2,038 bags ,Minnesota Marketers 1,583 bags, Mt. Elgon: 915 bags,United Eastern: 911 bags, and Bungoma Union 124 bags.
Kiairia factory affiliated to Gititu farmers Cooperative Society sold 29 bags of grade AA of coffee brokered by Alliance Berries Limited each at Sh 63,210.
The coffee brokers offered 13,035 bags of grade AA, 18,905 bags of AB and 3,575 bags of grade C..
NCE CEO Lisper Ndung’u said the increased offers at the auction followed the intensive campaign encouraging the farmers to take advantage of the prevailing better prices in the market.
“We appreciate the efforts made by the brokers in mobilising coffee into the auction, a move that has enabled farmers to earn impressive prices,” said Ms Ndung’u.
In the dealers category, Kenyacof bought 10,510 bags, Taylor Winch 6,984 bags, Ibero Kenya 6,810 bags, C.Dormans 6,099 bags, Sasini 3,618 bags among others.
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