By GERALD ANDAEMore by this AuthorCoffee prices dropped 10 percent this week because of low quality beans coupled with depressed international prices. The price of a 50-kilogramme bag dropped to Sh8,800 from a high of Sh9,800 last week. Nairobi Coffee Exchange (NCE) chief executive officer Daniel Mbithi says the quality of coffee getting into the auction is going down compared to the previous months. “A combination of both low quality beans and depressed international prices have contributed immensely to the poor performance at the auction,” said Mr Mbithi. The Coffee Directorate has asked Kenyans to drink more coffee and cut reliance on export in order to cushion the price from external shocks.

Source: Daily Nation April 18, 2019 18:45 UTC