Coffee earnings drop 13pc on low international prices

A coffee roaster samples the beverage at the Nairobi Coffee Exchange. FILE PHOTO | NMG

Coffee earnings dropped 13 per cent in the four months to January as low international prices affected local sales.

A market report by Nairobi Coffee Exchange (NCE) indicates the earnings dropped from Sh5.5 billion ($55) million in October last year to Sh4.7 billion ($47 million) in the period under review. Kenya’s coffee is mainly traded at the New York Coffee Exchange and any change in price affects local earnings.

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