Karinga Factory (Gitwe F.C.S Ltd)
Factory in Kiambu County, Kenya · Growers code XAA19F02
Auction performance
Between February 2015 and April 2019, coffee from Karinga Factory (Gitwe F.C.S Ltd) was sold in 46 lots at 20 auctions of the Nairobi Coffee Exchange. By volume it ranks 582 of 2,078 growers.
US$183average price per 50 kg bag
-3%vs market average (US$190)
76 tcoffee sold
US$278,042total value
The average price depends heavily on the grade mix: lots of lower grades (MH, ML, UG, T) pull it down. Compare like with like in the grade table below.
Prices by grade
| Grade | Lots | Tonnes | Avg price | Market avg | Difference |
|---|---|---|---|---|---|
| C | 15 | 28.8 | 199 | 168 | +18% |
| AB | 11 | 28.1 | 185 | 218 | -15% |
| AA | 10 | 9.3 | 196 | 278 | -30% |
| TT | 2 | 3.0 | 187 | 158 | +18% |
| PB | 4 | 2.3 | 128 | 205 | -38% |
| T | 2 | 1.9 | 35 | 91 | -62% |
| ML | 1 | 1.2 | 103 | 56 | +82% |
| MH | 1 | 1.1 | 105 | 86 | +22% |
By season
| Season | Lots | Tonnes | Avg price (US$/50 kg) | Market avg |
|---|---|---|---|---|
| 2014/15 | 8 | 12.1 | 160 | 199 |
| 2015/16 | 13 | 22.4 | 189 | 191 |
| 2016/17 | 14 | 27.6 | 228 | 231 |
| 2017/18 | 5 | 7.9 | 136 | 191 |
| 2018/19 | 6 | 5.9 | 64 | 147 |
Who buys this coffee
| Buyer | Lots | Share of volume | Avg price (US$/50 kg) |
|---|---|---|---|
| Taylor Winch (Coffee) Ltd | 7 | 16% | 199 |
| Sondhi Trading Limited | 4 | 16% | 185 |
| C. Dorman Ltd | 5 | 14% | 274 |
| Ibero (K) Ltd | 8 | 14% | 171 |
| Rashid Moledina and Co. (Msa) Ltd | 4 | 10% | 96 |
| Mumbi Coffee Ltd*2 | 3 | 6% | 202 |
| Merali Dewji and Sons (K) Ltd | 2 | 6% | 203 |
| Louis Dreyfus Commodities (K) Ltd | 3 | 5% | 137 |
Marks used on auction lots: 22CK3001/KARINGA/XAA19F02, 19KF0178/KARINGA/XAA019F02, 18KF0144/KARINGA/XAA019F0, 22CK0091/KARINGA/XAA019F02, 23CK0006/KARINGA/XAA019F02.
Source: Nairobi Coffee Exchange sale results, January 2015 to September 2020, compiled by MyKahawa. Direct sales are not included. Prices are volume-weighted.