Coffee market fetch 1.3 billion 

The Mountain Journal

editor@themountainjournal.co.ke

The coffee market earned Sh1,303,981,148 after the local and international dealers  bought  24,206 bags, as the sector thrives.

Nairobi Coffee Exchange (NCE) report indicates  that Kirinyaga slope topped in the marketing of  7,646 bags  for Sh 447,381,285, Alliance Berries Limited  earned Sh279,395,555.88 after the sale of 5,701 bags,  New KPCU 3,040 bags for Sh 178, 158,858, CEBBA  340 bags for  Sh19,327,131.

 Kangocho factory of Gikanda society achieved the best price of Sh 59,916  per bag of Grade NL marketed by the Alliance Berries Limited. 

Other factories that achieved the best prices per bag of Grade AA are Chorongoi Sh54, 080, Winchester Little Sh 55, 247, Ndiaini Sh 56,332.50 per bag, Ruara Sh 56,203 among others.

 In the market, the coffee brokers presented 3,534 bags of AA Grade of 18.7 percent  and 5,353 of AB Grade 28 percent.

NCE CEO Lipser Ndung’u said there were 16 coffee dealers who participated in the auction, interested in the quality grades.

She said there is need for the farmers to increase production of coffee to satisfy the growing market.

“ The dealers have been visiting the farms  through the leadership of the cooperatives, thus need for quality improvement,” said Ms Ndung’u.

 In the dealers category, Ibero Kenya  bought 8,339 bags, Louis Dreyfus 5,058 bags, Kenyacof 2,751 bags, C.Dorman 2,583 bags, Taylor Winch 1,951bags, Sasini  1,398 bags among others.

In the NCE report Bekas Systems bought 68 kgs worth Sh 13,933.