The Mountain Journal
editor@themountainjournal.co.ke
Kenya’s coffee market nets Sh 553.1 million following the auction of 10,494 bags of coffee at the Nairobi Coffee Exchange (NCE).
The market reflected a rise in payment compared to last week’s auction of Sh190.5 million, where 12 dealers and eight coffee brokers participated.
The factories that achieved the best prices are Mugaya factory of Mutira cooperative society of Sh 50,388 per bag for the grade AA , followed by Kapsaos Toretmo Sh 48,837, under the Alliance Berries Limited.
Others are Murang’a based Kangiri Sh47,804 under New KPCU and Kamuthanga Sh48,320 of United Eastern.
In the brokers performance, Kirinyaga Slopes led with Sh 160.3 million after the auction of 3,027 bags, Alliance Berries Sh133,4 million (2,479bags),Kinya Sh105,382,176 ( 2,019bags) CEBBA Sh10.1 million (187bags), Meru Sh 61.9million (1,194 bags).
Others were New KPCU Sh45,250,571 for 852 bags, Minnesota Sh 22,657,439for 443 bags, and United Eastern Sh 15,333,755 for 293 bags
The factories that achieved the best prices are Mugaya factory of Mutira cooperative society of Sh 50,388 per bag for the grade AA , followed by Kapsaos Toretmo Sh 48,837, whose coffee was marketed by Alliance Berries Limited.
Last week, Menu farmers cooperative society in Sirisia, Bungoma achieved the highest price of Sh50,775 per bag of grade AA brokered by CEBBL.
Others are Murang’a based Kangiri Sh47,804( New KPCU) and Kamuthanga Sh48,320 of (United Eastern).
The farmers from cooperatives and estates offered 1,210 bags of AA and 4,253 bags of AB at the auction.
Louis Dreyfus bought 3,171bags, C.Dormans 2,284 bags , Africoff 1,269 bags, Kenyacof 1,103 bags,Sasini 978 bags among others.
