Coffee prices fall sharply in latest weekly auction

Jane Maina tends to her coffee at Wakamata village in Nyeri County. PHOTO | JOSEPH KANYI | NMG

The weekly coffee prices at the Nairobi auction declined by the largest margin since January to reverse the gains realised in the previous sales.

Nairobi Coffee Exchange (NCE) said the price this week decreased to Sh32,996 from Sh36,160 that was recorded in the previous sale for a 50 kilogramme bag, coming as bad news to farmers who could be staring at reduced earnings.

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