Coffee prices rally on high demand as tea record marginal decline

A farmer tends to his coffee bushes in Nyeri town on November 9, 2021. PHOTO | JOSEPH KANYI | NMG

The commodity markets registered a mixed fortune in the latest auction with coffee prices rising for a second time in a row while tea fell marginally.

Data from the Nairobi Coffee Exchange shows the price of the beverage increased to $267 (Sh31,506) per 50-kilogramme bag from $265 (Sh31,270) in the previous sale. This is the second time that coffee prices have rallied since the auction resumed last week after a one-month recess.

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