Coffee prices drop 65pc at Nairobi auction on quality beans shortage

NCE chief executive Daniel Mbithi. FILE PHOTO | NMG

Coffee prices at the weekly Nairobi auction have dropped by 65 per cent since the first sale of the year, following a decline in the quality of beans on offer.

The price of a 50-kilogramme bag has dropped from a high of Sh38,784 in January to a low of 14,736 in the latest sale held Tuesday at the Nairobi Coffee Exchange (NCE).

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