Midas Estate
Small estate in Nakuru County, Kenya · Growers code CA.0003
Auction performance
Between April 2015 and February 2016, coffee from Midas Estate was sold in 6 lots at 4 auctions of the Nairobi Coffee Exchange. By volume it ranks 1556 of 2,078 growers.
US$188average price per 50 kg bag
-1%vs market average (US$190)
4 tcoffee sold
US$15,471total value
The average price depends heavily on the grade mix: lots of lower grades (MH, ML, UG, T) pull it down. Compare like with like in the grade table below.
Prices by grade
| Grade | Lots | Tonnes | Avg price | Market avg | Difference |
|---|---|---|---|---|---|
| C | 2 | 2.2 | 167 | 168 | -1% |
| AB | 3 | 1.4 | 213 | 218 | -2% |
| PB | 1 | 0.5 | 216 | 205 | +5% |
| AA | 0 | 0.0 | 0 | 278 | -100% |
By season
| Season | Lots | Tonnes | Avg price (US$/50 kg) | Market avg |
|---|---|---|---|---|
| 2014/15 | 1 | 0.5 | 216 | 199 |
| 2015/16 | 5 | 3.6 | 185 | 191 |
Who buys this coffee
| Buyer | Lots | Share of volume | Avg price (US$/50 kg) |
|---|---|---|---|
| Kenyacof | 2 | 60% | 202 |
| Taylor Winch (Coffee) Ltd | 1 | 17% | 130 |
| Sondhi Trading Limited | 2 | 12% | 172 |
| Goldrock International | 1 | 12% | 216 |
Marks used on auction lots: 11KF0012/MidasEstate/CA0003, 11KF0011/MidasEstate/CA0003, 16NG0011/KimunyeFarm/AJ0254.
Source: Nairobi Coffee Exchange sale results, January 2015 to September 2020, compiled by MyKahawa. Direct sales are not included. Prices are volume-weighted.