Coffee auction price up 20pc in 2016/17 season

A farmer plucking ripe coffee beans. FILE PHOTO | NMG

The average price of coffee sold through the Nairobi Coffee Exchange (NCE) was up 20 per cent in the full year to September compared to the previous year, gaining from the effects of prolonged drought that hit output in key growing areas.

A 50 kilogramme (kg) bag fetched an average Sh23,999 in the marketing season ended last month compared to Sh19,982 over a similar window the previous year, data by the auction managers showed.

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