Coffee price drops 6pc at auction

NCE chief executive officer Daniel Mbithi. FILE PHOTO | NMG

Coffee prices dropped six percent in the latest auction as the short-term crop from eastern Kenya dried off at the weekly trading.

A market report by the Nairobi Coffee Exchange (NCE) indicates the price of a 50 kilogramme bag on average declined from Sh17,952 to Sh16,830 in Wednesday’s auction.

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