Murang’a based Kiiriangoro factory shines at NCE

The Mountain Journal

editor@themountainjournal.co.ke

A coffee factory in Murang’a made a market at the Nairobi Coffee Exchange after it achived the highest price of 60,073 per bag of grade AA brokered by the Alliance Berries Limited.

It was the first time for the factory under Thanga ini Farmers Cooperative Society in Kigumo to register the remarkable price nationally after auction of 18 bags of grade AA.

In the market, the estates and estates fetched Sh 447.7 million after the auction of 7,147 bags of coffee at the auction platform.

In the NCE report, nine coffee brokers participated offering 1,731 bags of grade AA that fetched  Sh 122.1 million and  2,402 bags of grade AB  for Sh 158.6 million

The report further detailed that Kiiriangoro and Kagwanja factories  from Murang’a and Thika respectively fetched the highest price of Sh 60,073 per bag of grade AA brokered by the Alliance Berries Limited.

An electronic board displays bids from competing coffee buyers in the auction room at the Nairobi Coffee Exchange (NCE) in Nairobi, Kenya

Others that achieved best prices  for their grade AA were Orenge and Kiamara Sh 58,393 per bag followed by JK Bore estate Sh 59,944 brokers by CEBBA and Kipkelion..

NCE CEO Lisper Ndung’u in her report stated that New KPCU auctioned 1,396 bags that fetched  Sh 83 million, Kipkelion 1,090 bags  (Sh 73 million), and Alliance Berries sold 1,025 bags (Sh 67.2 million).

“ The NCE encourages the farmers to increase production of quality coffee to satisfy the local and the international markets in their need,” said Ms Ndung’u in her report.

Kigumo MP Joseph Munyoro congratulated Kiiariangoro factory affiliated to Thanga ini farmers cooperative  society for emerging the best at the auction for presenting quality coffee.

Other factories that auctioned coffee are Nguku, Mathare ini, Gitugu and Thanga ini factories that offered grade AA, AB  and PB.

“ Am that farmers from Kigumo have continued using the auction platform in marketing, as I seek the management committees  to organise farmers education session focusing on increase of quality grades,” said Munyoro.

 In the dealers category, 18 companies participated as Kenyacof led with 1,760 bags that traded at Sh 116.2 million, Louis Dreyfus 1,483 bags for Sh91.2 million, Ibero Kenya 1,462 bags for Sh 84.5 million among others.

Other coffee brokers that participated were CEBBA 977 bags, KCCE 635 bags,Kinya 252 bags, Minnesota 561 bags,  Mt Elgon 478 bags, and United Eastern  733 bags.

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