Low volumes at the coffee market

The Mountain Journal 

editor@themountainjournal.co.ke

With reduction of coffee volumes at the auction, this week the growers  fetched Sh 521.5 million  from the sale of 10,190 bags of coffee.

The production of coffee in various counties has reduced, with last week at the auction 14,468 bags were sold at Sh684 million.

The factories that achieved the highest prices for grade AA are Nyeri based  Kamoni factory 61,113, Ichamara Sh60,594, Kiambara Sh59,297 marketed by the KCCE and Alliance Berries Limited.

Nakuru based Berea Farm fetched Sh55,991 for the grade AA.

Nairobi Coffee Exchange (NCE) report  indicates volumes have reduced as only 2,573 bags of quality coffee were delivered, compared to 3,078 bags of last week.

In the previous week, the coffee brokers had delivered 5,597 bags.

The report further detailed that the average bag of coffee in the sale fetched Sh41,391.

Alliance Berries Limited bought into the auction 3,894 bags that fetched  Sh 179 million, KCCE 2,004 bags, earning Sh 126.7 million, Kirinyaga Slopes 803 bags for Sh 36 million.

Others were New KPCU  1,706 bags for Sh93 million, CEBBA 188 bags for  Sh 10.7 million.

 In the dealers category, 18 local and international buyers participated in the market, where Ibero Kenya bought 4,620 bags, Louis Dreyfus 1,770 bags, Kenyacof 1,144 bags, C.Dorman 1,010 bags among others.

Today, Cooperative Cabinet Secretary Wycliffe Oparenya is expected to address coffee farmers at General Ihura stadium with special focus on increasing coffee production.

NCE CEO Ms Lisper Ndung’u appealed to farmers to continue on increasing production of the quality grades.

She added that as the main season comes to an end the volumes at the market have reduced, with focus that from next month more coffee will be harvested in the ef Meru and Machakos open next month.

“ To Sustain the coffee market, there is a need for growers to increase production focusing at the quality,” said Ms Ndung’u.