Sunday 23 June 2024
  • La Cimbali

Coffee prices up 75% since the beginning of the year at Nairobi auction

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NAIROBI, Kenya – Coffee prices at the weekly Nairobi auction have risen 75 per cent over the course of the year.

The average price of a 50-kilo bag rose to a high of Sh38,784 in Tuesday’s auction from Sh22,119 in the first sale of this year.

The coffee currently trading at the auction is coming from the main season crop in central Kenya.

Last year the crop was hit by drought that affected most parts of the country leading to postponement of auctions at some point.

SourceAllafrica
CIMBALI

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