Bloomberg News

Kenyan Average Coffee Price Rises 1.5% at Auction, Exchange Says

February 15, 2012

Feb. 15 (Bloomberg) -- Kenyan coffee prices rose 1.5 percent at an auction yesterday as the supply of beans declined, the Nairobi Coffee Exchange said.

The average price for all the coffee sold rose to $284.67 for a 50-kilogram (110-pound) bag, from $280.34 a week earlier, the Nairobi-based agency said today by e-mail.

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

To contact the editor responsible for this story: Hilton Shone at hshone@bloomberg.net


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