- Coffee farmers earned Ksh1.168 billion from 21,223 bags sold at the Nairobi Coffee Exchange, with prices averaging Ksh45,730 per bag.
- Karii factory recorded the highest Grade AA price at Ksh55,289 per bag, up from Ksh52,964 last week.
- Since October 1, 637,444 bags have been traded, earning farmers more than Ksh38.3 billion.
Coffee farmers earned Ksh 1.168 billion after 21,223 bags were sold at the Nairobi Coffee Exchange (NCE) this week, with prices averaging Ksh 45,730.07 per bag.
The farmers in the cooperatives and estates netted the amount after 21,223 bags of coffee were traded at the NCE in the weekly auction.
The increased earnings registered improved prices since the resumption of trading following the two-month recess, with more returns compared to Ksh 994 million recorded last week at the NCE.
Karii factory achieved the highest price for grade AA, clocking Ksh 55,289.46 per bag, better than last week’s Ksh 52,964.21 per bag.
Reports from the auction indicate that in the weekly market, coffee brokers offered 1,819 bags of grade AA, 9,325 bags of AB and 6,457 bags of other grades, attracting local and international buyers.
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In the brokers category, New KPCU sold 6,406 bags, Kirinyaga Slopes 4,371 bags and Alliance Berries 3,883 bags, among other licensed brokers.
In the buyers category, the report stated that Ibero Kenya bought 6,564 bags, Kenyacof 5,284 bags, C Dormans 2,335 bags, Mumbi Coffee 1,615 bags and Louis Dreyfus 1,342 bags, among others.
NCE CEO Lisper Ndung’u stated that 10 coffee brokers and 18 dealers participated in the weekly market, an indication that it was participatory. In the last market, 15 coffee brokers took part.
“This week’s market was impressive. I hope the farmers will continue trading before the coffee year 2025/2026 comes to an end on September 30,” said Ms Ndung’u.
The report states that since October 1, 637,444 bags of coffee have been traded, earning farmers in excess of Ksh 38.3 billion, with Alliance Berries, New KPCU and Kirinyaga Slopes controlling 62 percent of the market.
Coffee value chain expert Henry Kinyua said Ibero bought 32 percent of the auction’s value, followed by Kenyacof at 25 percent.
“It is worth noting that in the week, coffee certified by the Rainforest Alliance, CAFÉ and EUDR was traded in the market, attracting many buyers,” said Kinyua.
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