Global deals offer a whiff of hope for embittered coffee farmers

Prices and volumes of coffee traded at the NCE hit new records during this week's auction for the first time since the relaunch of the trading platform in mid-August, in a boost to ongoing reforms overseen by Gachagua.

According to the latest NCE market report, the auction held on Tuesday saw the price of a 50-kilogramme (kg) bag of coffee surpass $200 (Sh30,000). Additionally, the volume of coffee traded during the auction also exceeded 11,000 bags.