By Henry Kinyua
The Nairobi Coffee Exchange this week witnessed a lively auction, with 14,024 bags of coffee, equivalent to 892,141 kilograms, changing hands. The sale generated USD 6.9 million (about KSh892 million), underscoring the sustained strength and stability of the Kenyan coffee market.
The average price per 50-kilogram bag remained steady at USD 388, translating to about KSh154 per kilogram of cherry, the same as in last week’s sale.
This was despite a 24 percent increase in trading volume, signaling continued strong demand for Kenyan coffee.
The top price of the day reached USD 464 per bag, achieved by 37 bags of AA-grade coffee from the Kiganjo factory in Kiambu County, marketed by Alliance Berries.
Among the brokers, Alliance Berries emerged as the clear leader, selling 4,091 bags at an average price of USD 402 per bag. They were closely followed by New KPCU, which sold 2,313 bags at USD 376 per bag, and Kipkelion, which moved 1,864 bags at USD 391 per bag. Other brokers, including Kirinyaga Slopes, Mt. Elgon, United Eastern, and Kinya Coffee, also recorded solid sales and maintained competitive average prices, demonstrating the healthy competitiveness within the market.
On the buyer side, Ibero Kenya Ltd led the way, purchasing 4,235 bags valued at over USD 2.2 million. C.Dormans SEZ Ltd followed with 3,411 bags, and the Louis Dreyfus Company bought 1,798 bags. Sasini (K) Ltd and Kenyacof Ltd also made significant purchases, while First Cup Coffee Ltd recorded the smallest volume, acquiring 10 bags of grade AB at an average price of USD 397.
Despite the increase in trading volume, the steady average price highlights a balanced market sentiment, reflecting strong confidence in the quality and value of Kenyan coffee. Market observers note that the continued performance of leading brokers and buyers is a testament to Kenya’s sustained reputation as a premium coffee-producing country.
With this week’s sale, the Nairobi Coffee Exchange continues to demonstrate its pivotal role in supporting farmers, brokers, and buyers, while ensuring transparency and stability in the local coffee market.
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