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NAIROBI: The top price of the benchmark Kenyan coffee grade eased to $328 per 50 kg bag at this week's auction from $385 last week, the Nairobi Coffee Exchange said.
Kenya is a relatively small producer of coffee but its beans are much sought after by roasters to blend with those of lower quality from other producing countries.
The benchmark grade AA sold at $121-$328 per bag, compared with $181-$385 last week, NCE said after the auction on Wednesday.
Grade AB coffee fetched $107-$263 per bag compared with last week's $125-$283.
The average price for all the 23,164 bags of coffee offered was $181.87 per bag, compared with $237.33 per bag for the 4,842 bags offered last week.
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