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Kenya's "Business Daily" reported that according to the data of the Kenya Coffee Council, in the four months to January this year, Kenya's coffee revenue was 41 million US dollars, down 13% year-on-year. Although favourable weather increased the amount of coffee available for sale by 2 per cent to 10,000 cubic tonnes, the price of Arabica coffee on the New York Exchange (ICE) fell to its lowest level in 13 years since November last year due to lower prices on the international market, resulting in a drop in the price of coffee on the Nairobi Coffee Exchange (NCE) from 23,000 KES per 50 kg to 19,000 KES. But coffee prices have risen since the start of the year and the Coffee Commission expects that trend to continue.
Ken reportedly plans to increase the proportion of locally roasted coffee from the current 5% to 10% in the next five years.
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