Kenyan coffee sells poorly

Already penalized in April by the suspension of auctions at the Nairobi Coffee Exchange - due to the coronavirus pandemic - the Kenyan coffee industry continues to grind black. The latest market report of the Nairobi Coffee Exchange (NCE), released on 30 April, confirms a 10% fall in coffee prices over the past week, with the 50-kilo bag trading at 13,696 shillings (US$128) compared to 15,087 shillings (US$141) the previous week. NCE Managing Director Daniel Mbithi, however, put this underperformance into perspective, attributing the drop in prices to a lower quality of beans sold, a frequent phenomenon at the end of the season.