Coffee auction nets Sh377 million as season ends

Coffee farmers made Sh377.64 million from the sale of 6,650 bags weighing 420,267kgs at the auction, even as the volumes of quality grades declined. The coffee market will break for two months as the main crop harvest comes to an end.

The Nairobi Coffee Exchange (NCE) also reported reduced deliveries with only 506 bags of grade AA and 960 bags of AB.

According to the report, Alliance Berries delivered 736 bags that fetched Sh42.26 million. Ruchu Gacharage achieved the highest price of Sh64,754, followed by Liwan  Coffee’s Sh64,316.

Twenty bags of coffee auctioned by the Alliance Berries fetched Sh61,475 each, Kiungu factory 56,955 and Gathugu factory Sh59,409. NCE chief executive Lisper Ndung’u said the earnings for the crop year 2024/2025 have been better than those of the previous year.

“By the end of April, the coffee sold at the auction has fetched Sh27 billion, compared to the previous Sh16 billion,” Ms Ndung’u said.

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She lauded the growers in the counties for the production of quality coffee that was sold in the international markets. CEBBA auctioned five bags of AB grade from Mathira’s Evas Estate each at Sh61,217.

In the buyers category, Ibero Kenya bought 2,501 bags, Kenyacof 1,343 bags,Louis Dreyfus 1,094 bags, among others.

The report further details that Global Mark and Cafeco each bought two bags at the auction.