Nairobi: The Nairobi Coffee Exchange (NCE) has reported reduced coffee volumes in recent weeks, with 7,147 bags sold on Tuesday, generating Sh447 million. The auction took place at Wakulima House, Nairobi, where the average price per 50-kilogram bag was Sh50,388, translating to Sh155 per kilogram of cherry gross.
According to Kenya News Agency, the NCE report on Sale 5 of the current coffee season showed the highest price was Sh60,078 per 50-kilogram bag. This premium was achieved by three lots of AA-grade coffee: 18 bags from Kiriangoro Factory, part of the Thangaini Farmers’ Cooperative Society in Murang’a; 19 bags from Kagwanja Factory of Komothai FCS in Kiambu County; and 28 bags from Ndaro-ini in Nyeri County.
Among the participating coffee brokers, Kipkelion Broker Company Ltd led the market, trading 1,090 bags (67,864 kg) at an average price of Sh53,876 per bag. They were followed by Alliance Berries Limited with 1,025 bags (63,331 kg) at Sh53,101 and Coffee Estates Bourgeoisie Brokers Limited with 977 bags at Sh44,445.
Other notable brokers included New Kenya Planters Co-operative Union PLC, trading 1,396 bags (87,706 kg) at Sh47,287 per bag; United Eastern Kenya Coffee Marketing Co. Ltd with 733 bags (44,696 kg) at Sh51,938 per bag; and KCCE Marketing Agency Limited, which traded 635 bags (39,956 kg) at Sh51,930 per bag.
In terms of buyers, five dealers dominated the market. Kenyacof Limited purchased 1,760 bags (109,767 kg) valued at Sh116.2 million, followed by Louis Dreyfus Company with 1,483 bags (92,726 kg) worth Sh91.3 million. Ibero Kenya Ltd acquired 1,462 bags (90,718 kg) for Sh84.5 million. Taylor Winch (Coffee) Limited secured 846 bags (51,761 kg) valued at Sh55.3 million, while C.Dormans SEZ Ltd bought 410 bags (25,195 kg) for USD 28.7 million. These five dealers accounted for approximately 68 percent of the total market volume and 80 percent of the overall market value.
