Price of top grade Kenyan coffee falls at latest sale

23 Oct, 2014

NAIROBI: The maximum price of Kenya's top grade AA coffee fell to $329 per 50 kg bag at this week's auction on Tuesday from $371 at last week's sale, the Nairobi Coffee Exchange said.

The east African nation is a fairly small producer by global standards, but its quality beans are used by roasters to blend with beans from other regions.

Grade AA coffee sold at $195-$329 per bag, compared with $180-$376 at last week's auction, the exchange said in a market report.

Grade AB coffee fetched $208-$260 per bag compared with $146-$279 last week.

The average price of all grades was $230.18, compared with $247.19 at the last sale.

Copyright Reuters, 2014

Read Comments