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10-09-2017 Hits:33 Uncategorised mark - avatar mark

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Coffee Auction pushed to Wednesday 14th …

09-09-2016 Hits:1306 News & Events CEO - avatar CEO

Due to the gazette notice making Monday 12th September a public holiday, the Exchange wishes to let all coffee stakeholders know that Sale No. 37 auction has now been pushed...

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Coffee futures jump, as export tumble fu…

02-09-2016 Hits:1239 News & Events CEO - avatar CEO

Coffee futures staged a strong start to September, attempting in New York to record their second highest close in more than a year, as data showing a slump in world...

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Sale 03/2017/18 - Avg Price in $/50kg

Sale 03/2017/18 - Avg Price in $/50kg

Sale 03/2017/18 - Avg Price in $/50kg

Sale 03/2017/18 - Avg Price in $/50kg

Sale 03/2017/18 - Avg Price in $/50kg

Sale 03/2017/18 - Avg Price in $/50kg

Sale 03/2017/18 - Avg Price in $/50kg

Sale 03/2017/18 - Avg Price in $/50kg

AA - 374.39, AB - 251.64, C - 188.32, PB - 246.37, T - 86.45, TT - 161.60, E - 231.00, HE - 86.00, MH - 97.13, ML - 65.21, SB - 65.00, UG - 79.00, UG1- 101.57, UG2 - 98.29 UG3 - 58.49

Overall (All Catalogues) 209.49

Overall (All Catalogues) 209.49

Overall (All Catalogues) 209.49

Overall (All Catalogues) 209.49

Overall (All Catalogues) 209.49

Overall (All Catalogues) 209.49

Overall (All Catalogues) 209.49

Overall (All Catalogues) 209.49

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Monday, 23 February 2015 08:51

Functions of the Nairobi Coffee Exchange

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Through Legal Notice 111 Section 44 of the Coffee Act 2001, the Minister for Agriculture in consultation with the Board, made The (Nairobi) Coffee (Exchange Trading) Rules, 2012. These rules stipulate the functions of the Exchange as:

 

a)    manage all the operations of the Exchange including the trading floor and the sample room;

b)     formulate policies, conditions of sale and set regulations and any other instruments or regulations deemed necessary for the operations of the Exchange in consultation with stakeholders in the coffee industry and with the approval of the Board;

c)    promote and participate where necessary in all matters relating to or affecting trading at the Exchange;

d)    promote efficient, innovative and transparent marketing arrangements at the Exchange, including coffee auctions and commodity exchange;

e)    Comply with such rules and directives made or given by the Board pursuant to section 44 (2) (d) of the Act;

f)     determine coffee volumes for each auction and other price discovery mechanisms in accordance with the Act;

g)    provide all the necessary facilities for the management, administration and operations of the Exchange; 

h)    Perform all or such other acts as may be necessary for the proper performance and operations of the Exchange.

Read 88 times Last modified on Wednesday, 04 March 2015 09:13

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