Coffee prices up 18pc as Nairobi auction resumes

NCE chief executive Daniel Mbithi. FILE PHOTO | NMG

Coffee prices improved 18 per cent at the auction in the first sale since trading resumed after a one-month recess on account of quality beans.

A market report by Nairobi Coffee Exchange (NCE) indicates a 50-kilogramme bag of the produce fetched Sh13,000 in the sale held on Tuesday, up from Sh11,000 fetched in the session before the auction broke for recess in June.

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