Search
Close this search box.

Kenya’s Coffee Market Sees Rebound in Volumes, Prices

Kenya’s Coffee Market Sees Rebound in Volumes, Prices

Coffee trade at Nairobi Coffee Exchange (NCE) bounces back with increased volumes and prices after market uncertainty. Data reveals a surge from 3,773 to 20,199 bags offered for sale between August 15 and December 13, 2023. Coffee bean sales also rose from 40% to 84% of bags offered. AA grade saw a price drop to $240.10 from $249.95. NCE attributes the rebound to restored confidence among market participants and improved global coffee prices, with the average buyers per auction rising to 18. Source: Oman News Agency