Coffee prices jump as trading resumes with high demand

A farmer in Tuiyo, Kapseret Constituency of Uasin Gishu County during harvesting of ripe berries on September 25, 2021. PHOTO | JARED NYATAYA | NMG

Coffee prices at the auction jumped by $83 (Sh9,711) in the first sale since the trading resumed from recess on the back of high demand from roasters.

Data from the Nairobi Coffee Exchange (NCE) indicates that the price of coffee rose to $265 (Sh31,000) from $182 (Sh21,294) that was recorded in the last sale before the auction took a one-month break.

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