Coffee price at Nairobi auction declines 1.3pc on bean quality concerns

Women pick coffee at a farm in Nyeri town. PHOTO | JOSEPH KANYI | NMG

The price of coffee at the weekly auction dipped by 1.3 percent on buyer concerns about the lower quality beans offered for sale.

The latest data by the Nairobi Coffee Exchange (NCE) shows that a 50-kilogramme bag of the commodity fetched Sh39,880.73 during this week’s sale down from Sh40,419 last week.

PAYE Tax Calculator

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