Coffee price rises to one year high on better quality

NCE chief executive officer Daniel Mbithi. FILE PHOTO | NMG

The price of coffee hit a new high this week as the auction continued to register sterling performance, which started in January.

The rally saw the value of a 50 kilogramme bag rise from Sh26,418 last week to Sh28,480 in Tuesday’s sale, the highest price in the last one year.

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