Coffee prices down 14pc Nairobi weekly auction

The price of coffee in the world market has been falling since last November. FILE PHOTO | NMG

The price of Kenyan coffee continued to dip at the auction, shedding 14 percent on Tuesday as international price of the commodity remained depressed.

A market report by the Nairobi Coffee Exchange (NCE) indicates that a 50-kilogramme bag of coffee fetched Sh15,600 in the weekly trading, down from Sh18,700 the previous sale.

PAYE Tax Calculator

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