Kenya coffee fetches premium price at New York exchange

A coffee taster at the Nairobi auction. file photo | nmg

Kenya’s coffee continues to fetch a premium price in the world market, making it the most valued beverage at the New York Coffee Exchange, the largest auction for the commodity.

Kenya’s Arabica, which is highly sought after by roasters for blending with other coffees, fetched $330.70 for a 50-kilogramme bag in last week’s auction with Indonesia coming in second at $259 per bag.

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