Kenya Coffee Rises as Buyers Boost Stocks Before Season-End
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Kenyan coffee prices rose 23 percent at the penultimate sale of the season yesterday as buyers boosted their stocks, the Nairobi Coffee Exchange said.
The average price for all the coffee sold increased to $300.16 for a 50-kilogram (110-pound) bag, from $244.40 a week earlier, the exchange said in an e-mailed statement today.