Farmers sort out coffee cherry at Kirimara-Mutanga Coffee factory yard in Nyeri. [File, Standard]
The Nairobi Coffee Exchange (NCE) traded 11,480 bags of coffee during the weekly auction, earning farmers Sh471.2 million.
During the first auction of the 2024-2025 coffee trading financial year on Tuesday, 60 per cent of the deliveries consisted of grades AA and AB.
The proceeds from the weekly market were lower compared to the previous Sh566.3 million from the sale of 13,937 bags.
According to NCE’s weekly report, the Kikambuani Factory affiliated with Mbilini Cooperative Society in Machakos sold by New KPCU achieved the highest price of Sh39,572 per 50kg bag for AA-grade coffee.
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