Coffee price at auction in fourth straight dip on higher bean supply

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

Coffee prices fell for the fourth consecutive auction last week due to high volumes of produce from western Kenya and Central region hitting the market.

The value of the beverage shed three percent to hit Sh34,854 for a 50-kilo bag on average from Sh37,740 realised in the previous sale.

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