By Morris Githenya
Following the prevailing impressive coffee market, last week’s Nairobi Coffee Exchange (NCE) generated about Sh1.9 billion from the sale of 32,801 bags of the commodity.
This is Sh300 million higher than in the previous week, which netted Sh1.6 billion from the auction of 28,971 bags of coffee.
The auction report shows that factories where the coffee was brokered by Alliance Berries Limited, Kirinyaga Slopes and KCCE fetched the best prices.
Kirinyaga based Karumandi factory achieved the highest price of Sh57,342 per bag of AA brokered by the Alliance Berries.
Others factories that achieved the best prices, for their AA grades per bag, are Guama, Sh55,921, Gichuna Estate Sh 57,213, Kangocho Sh56,696, Karani Sh55,017, Kangunu Sh53,855, Gatumbi Sh54,630, Riakiberu Sh53,726 among others.
Eleven coffee brokers who participated in the exercise presented 10,116 bags of Grade AA and 15,505 bags of AB that attracted the buyers.
NCE CEO Lisper Ndung’u noted the resilience of the Kenyan coffee market despite external economic pressures.
“This auction reinforces the strength of Kenya’s coffee sector. The demand for our high-quality beans remains strong, but we must continue improving quality and market access to ensure farmers receive the best value for their produce,” she said.
She added that the prevailing impressive prices of the commodity were witnessed 15 years ago.
She emphasized the importance of transparency and direct market linkages in strengthening Kenya’s coffee trade.
“By focusing on sustainable and value-driven trade practices, we can enhance farmer earnings and cement Kenya’s position as a global leader in specialty coffee,” she added.
In the coffee brokers category, the report further divulged that Alliance Berries Sh893,413,929 for 15,131 bags of coffee, Kirinyaga Slopes Sh236.7 million 4,101bags of coffee, New KPCU Sh216.5 million for 3,671 bags, KCCE Sh213.1 million for 3,782 bags, CEBBL Sh31.2million for 546 bags among others.
The market, the NCE report indicates that 17 local and international coffee buyers participated as C-Dorman bought 6,576 bags for Sh392.6 million, Ibero Kenya 5,799 bags (Sh326 million) , Sasini 5,794 bags (Sh345.1 million), Louis Dreyfus 5,466 bags (Sh316.5 million) ,Taylor Winch 4,558 bags (Sh262.2 million), Kenyacof 2,179 bags (Sh130.7 million) among others.
The report further detailed that Global Mark Foods and Almasi Coffee have been ranked as those who bought the least coffee of two bags and nine bags respectively.
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