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10-09-2017 Hits:5 Uncategorised mark - avatar mark

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Coffee Auction pushed to Wednesday 14th …

09-09-2016 Hits:1139 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:1103 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 32/2016/17 - Avg Price in $/50kg

Sale 32/2016/17 - Avg Price in $/50kg

Sale 32/2016/17 - Avg Price in $/50kg

Sale 32/2016/17 - Avg Price in $/50kg

Sale 32/2016/17 - Avg Price in $/50kg

Sale 32/2016/17 - Avg Price in $/50kg

Sale 32/2016/17 - Avg Price in $/50kg

Sale 32/2016/17 - Avg Price in $/50kg

AA - 368.88, AB - 271.21, C - 223.26, PB - 278.86, T - 118.31, TT - 193.02, E - 0.00, HE - 76.30, MH - 103.16, ML - 94.88, SB - 52.37, UG - 105.12, UG1- 127.54, UG2 - 91.41, UG3 - 41.00

Overall (All Catalogues) 227.90

Overall (All Catalogues) 227.90

Overall (All Catalogues) 227.90

Overall (All Catalogues) 227.90

Overall (All Catalogues) 227.90

Overall (All Catalogues) 227.90

Overall (All Catalogues) 227.90

Overall (All Catalogues) 227.90

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Friday, 15 May 2015 09:14

Kenya Coffee Grading

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Kenya Coffee Grading

As some of the world’s finest gourmet coffees, Kenyan coffees are carefully graded after harvest. The coffee beans are separated (sorted) and rated by bean size as well as shape, color, and density, with the general assumption being that bigger coffee beans are higher in quality. The largest and best coffee beans from Kenya are graded Kenya AA.

A general rules with Kenya coffee beans is that bigger beans have more essential oils that enhance the tastes and aromas.

Other factors are also important in determining the beans’ quality, and cuppers (professional coffee tasters) debate whether bean size necessarily means a better quality of roasted, ground,  brewed Kenyan coffee.

Nevertheless, sorting is done by size, and the screen size Kenya AA is the highest sorting beans just over one-fourth inch in diameter. A bit smaller is the Kenyan AB grade, which is regarded by some as a better bean than the AA.

Friday, 15 May 2015 09:08

Coffee Growing in Kenya

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Coffee Growing in Kenya

Most of Kenya’s coffee is grown at elevations ranging from 1,400 meters to 2,000 meters above sea level in the volcanic soils on the high plateaus surrounding the snow-capped Mt. Kenya and the foothills of the Aberdare Range.

The area that spans from 17,000-foot Mt. Kenya south toward the capital of Nairobi is a major coffee growing region, while a smaller growing region is found near the border with Uganda on the hills of Mt. Elgon.

Friday, 15 May 2015 08:50

Kenyan Coffee

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Kenyan Coffee

Known for its consistently rich flavor along with a deep, wine-like acidity and pleasant aroma, Kenya coffee is distinctly bright with complex tones of fruit and berry. Kenyan coffees are wet-processed (washed) coffees—bold and with a body that is usually full or medium.

Kenya Coffee has Resonant Cup Presence

Known for their potent sweetness and powerful character, Kenyan coffees have a resonant cup presence, exhibiting intense flavors with a distinct winey richness and dry, winey aftertaste similar to Ethiopian Harrar yet with more of a full-bodied richness than Ethiopian coffees.

A good Kenya coffee is vibrant yet clean and crisp, not subtle or delicate, and typically very well-balanced. Notes of lemony citrus may be present, even pepper, along with tones of blackberry. The aftertaste of a Kenya coffee may be quite dry with a lemony zest to it, or perhaps winey.

Tuesday, 10 March 2015 09:58

Welcome

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The Nairobi Coffee Exchange is mandated to manage the coffee central auction in the country. In order to achieve its mandate as the manager of the trading floor as efficiently and to the benefit of the coffee industry, the Management Committee initiated this first ever strategic plan. In this strategy paper, the Exchange desires to articulate the government’s vision in the agricultural sector and in particular, the coffee sub-sector as envisaged in the vision 2030.

Tuesday, 10 March 2015 09:27

Participating at the Exchange

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  • MUST possess a current license from the Authority. See dealer (trader) requirements attached)
  • Pay a registration fee of Kshs. 10,000.00 to Nairobi Coffee Exchange.
  • For Dealers, a deposit of Kshs. 220,000.00 is required to enable him collect samples.

 Note: The deposit acts as a security for the samples duly collected and thereof invoiced for a month.

Friday, 27 February 2015 09:34

Coffee Stakeholders

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Producers

Kenya coffee is produced by small scale farmers who form co-operative societies and plantation growers who own their own farms with representation of 60% and 40% respectively. Almost all Kenyan coffee is processed by a wet method, which guarantees the best quality.  Growers pick only the red-ripe cherry.  At the factory, the cherries are sorted before processing and unripe, overripe or diseased cherries removed.  The cherries are then pulped to remove the outer skin.

The slimy sugary coating (mucilage) – which remain on the beans is removed through fermentation process.  Fermentation of parchment should be completed within 36 hours.

The parchment is now ready for sun drying on drying tables where it is regularly turned to obtain the bluish color for which Kenya coffee is famous.

Drying the coffee is the last process on the farm.  When it is fully dried the coffee is bagged and ready to be sent to the mills.

Friday, 27 February 2015 09:30

NCE Stakeholders & Roles

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Marketing Agents:

  • Contracted by farmers to present coffee for sale at the Exchange
  • Prepare sale catalogues
  • Draw and present Representative Samples to the trade Sample room
  • Auction the coffee on behalf of the farmers
  • Prepare invoices for the buyers
  • Receive payments from the respective traders for coffees bought at the auction
  • Prepare and remit coffee warrants to the traders after payments have been made.
  • Process payments for the farmers
  • Arrange for warehousing of coffee within Nairobi county.

 

Traders:

  • Collect and analyze coffee samples
  • Bid/buy coffee from the auction
  • Export coffee to overseas roasters and import trade or roast for local consumption.

Warehouse-men:

  •  Store coffee on behalf of the Marketing Agents
  •  Prepare warrants for coffees on offer at the auction on behalf of the Marketing Agents.
Friday, 27 February 2015 09:24

NCE Background

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Coffee is undoubtedly the most important agricultural commodity in the world. It is estimated that about US $ 30 billion worth of green coffee is traded while commanding over US$ 80 billion at consumer level annually, thereby making it the second most traded commodity after oil.  Its production is fundamental to over 35 developing nations, to which it is frequently the main source of foreign exchange earnings.

Friday, 27 February 2015 09:13

Declarations

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Vision Statement

To be the preferred national and regional coffee exchange with a global reach

Mission Statement

To facilitate a marketing system that is transparent, competitive, efficient, secure and innovative to stimulate growth in the industry.

Friday, 27 February 2015 09:10

Core Values

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  • Integrity
  • Transparency
  • Accountability
  • Innovativenes
  • Professionalism

 

Vision Statement

To be the preferred national and regional coffee exchange with a global reach

 

Mission Statement

To facilitate a marketing system that is transparent, competitive, efficient, secure and innovative to stimulate growth in the industry.