Bloomberg News

Kenya’s Benchmark Coffee Price Declines by 5.3%, Exchange Says

December 14, 2011

Dec. 14 (Bloomberg) -- Kenya’s benchmark coffee grade fell 5.3 percent at the last auction of the year amid reduced demand, the Nairobi Coffee Exchange said.

The average price for the benchmark AA grade declined to $422.62 per 50-kilogram (110-pound) from $446.14 a week earlier, the exchange said in an e-mailed report today.

To contact the reporter on this story: Fred Ojambo in Kampala at fojambo@bloomberg.net

To contact the editor responsible for this story: Alastair Reed at areed12@bloomberg.net


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