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Coffee farmers earn Sh1 billion at Nairobi auction

The average price of a 50-kilogram bag dropped by 20 per cent to Sh33,118 from the previous Sh41,397.5. [Kibata Kihu, Standard]

The Nairobi Coffee Exchange (NCE) registered a slight decline after trading 26,328 bags of coffee earning the farmers in estates and cooperatives Sh1 billion compared to the Sh1.3 billion that was recorded last week.

The auction also registered a 13 per cent decrease in the number of coffee bags delivered from the previous week which had 30,272 bags.

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