Kenya’s Average Coffee Price Falls 26% as Quality Declines
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Kenya’s average coffee price fell 26 percent at auction today as the quality of the beans declined, the Nairobi Coffee Exchange said.
The average price for all the coffee sold dropped to $244.40 for a 50-kilogram (110-pound) bag, from $331.10 a fortnight ago, the exchange said in an e-mailed statement. It didn’t hold a sale last week because of low supplies.