Coffee auction volumes hit a season high on strong prices

Traders follow the auction process at the Nairobi Coffee Exchange.

Photo credit: File I Nation Media Group

The Nairobi Coffee Exchange (NCE) posted its highest trading volume of the season on Tuesday, moving 1.21 million kilogrammes of clean coffee, equivalent to 19,570 bags, attributed to high prices on premium grades. 

The auction generated $9.57 million, or approximately Sh1.24 billion, from the sale.

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Note: The results are not exact but very close to the actual.