The Nairobi Coffee Exchange (NCE), yesterday, received the highest number of bags since the implementation of the new coffee regulations.
Co-operatives registered 11,432 bags of coffee for the Tuesday auction. They included 612 bags of AA, 164 PB bags and 3,931 AB bags categorized as clean coffee.
The coffee comes from 549 cooperatives and estates sourced by six marketers under the Capital Markets Authority (CMA).
In a statement, NCE noted that the produce weighed approximately 703,516 kilograms.
Meanwhile, the New Kenya Planters Cooperatives Union (NKPCU) registered 4,717 bags from 200 cooperatives societies and estates; while Kiambu Coffee Marketing registered 1,666 bags from 51 cooperatives and estates.
Further, privately-owned Alliance Berries Limited registered 2,096 bags from 92 estates and cooperatives.
The Auction Chairperson Peter Gikonyo noted that the platform has registered more coffee and that they were expecting even more in light of the increased government support.
By Our Reporter
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