The Star (Nairobi)

Kenya: Price of Kenya Coffee Rises At Latest Auction

By Reuters, 22 March 2013

The maximum price of Kenya's benchmark grade AA coffee rose to $458 per bag at auction this week from $440 at the previous sale, the Nairobi Coffee Exchange said on Wednesday.

Although Kenya is a small producer compared with others like Brazil, its speciality beans are sought after by global roasters who blend it with coffee from other regions.

Some 22,774 bags of coffee were offered for sale during the auction and only 5,583 bags were sold. During last week's auction, 26,890 bags of coffee were offered and 11,975 bags were sold.

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