Traders postpone coffee auction on supplies shortage
The auction, which is set to break for a month starting May, has been characterised by a shortage of quality beans for trading in the last couple of weeks.
Source: businessdailyafrica.com
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Coffee earnings fall as main crop season ends
The price of the commodity has been on a constant decline since February as the high-quality beans from the main crop dwindles, cutting down on demand.
Source: businessdailyafrica.com
Coffee auction takes one-month break in May
Nairobi Coffee Exchange (NCE) has announced that the auction will hold its last auction on May 4 before breaking for one month.
Source: businessdailyafrica.com
Coffee earnings up 17pc on higher volume and prices
Data from the Nairobi Coffee Exchange (NCE) shows the market recorded a turnover of $7.1 million (Sh816 million) this week.
Source: businessdailyafrica.com
Coffee earnings rise to Sh14.8bn amid shortages
Monthly coffee earnings rose 62.5 percent to $130 million (Sh14.8 billion) in February, helped by a global shortage due to a bad crop in Latin America.
Source: businessdailyafrica.com