Friday, April 6, 2012

Kenya coffee prices down week april 6 2012

Kenya coffee prices down week april 6 2012 : The top price of Kenya's benchmark coffee grade AA fell to $340 per 50 kg bag at this week's auction from $467 per bag at the previous sale, the Nairobi Coffee Exchange (NCE) said yesterday. Kenya is a relatively small grower but its speciality beans are famous for their high quality and are much sought after for blending with those from other countries.

The NCE said in its weekly report that grade AA fetched $340-$193 per bag at its sale held on Tuesday, compared with $467-$180 last week. Grade AB sold at $362-$145 per bag compared with $271-163 previously. The exchange said 27,590 bags of coffee were offered, with 6,700 sold for a total $1.8 million at an average price of $214.80 per bag. Last week, 22,327 bags were offered, with 7,002 sold for a total of $1.96 million at an average price of $230.12.

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