{{Kenya made no coffee sales at Tuesday’s auction because of high offer prices, the Nairobi Coffee Exchange said.
The average price for all the coffee rose to $237.33 for a 50-kilogram bag from $208.41 a week ago, the exchange said by e-mail.
The benchmark AA grade average was $329.69 a bag compared with $312.14 at the previous sale.
“We had only one catalog and the reserve prices were high,” Daniel Mbithi, the exchange’s chief executive officer, said by phone from Nairobi. “The quality was good.”
A catalog is a package of beans from one supplier.
Supplies at the auction fell 76 per cent to 4,842 bags from 20,451 bags, it said.}}
NMG
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