Coffee earns record Sh5.6bn on Brazil, Ethiopia troubles

A farmer tends to his coffee bushes in Nyeri town on November 9, 2021. PHOTO | JOSEPH KANYI | NMG

Monthly coffee earnings rose to a record $50 million (Sh5.6 billion) in December as Kenya reaped from the frost that destroyed the crop in Brazil and the civil wars in Ethiopia, reducing supplies in the world market.

Nairobi Coffee Exchange (NCE) said the earnings jumped 117.3 percent from $23 million (Sh2.6 billion) in the corresponding month a year earlier, buoyed by the challenges suffered by the two leading producers.

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