Soymingin Multi-Purpose
Cooperative society in Kericho County, Kenya · Growers code XCE21
Auction performance
Between July 2015 and June 2016, coffee from Soymingin Multi-Purpose was sold in 9 lots at 5 auctions of the Nairobi Coffee Exchange. By volume it ranks 1252 of 2,078 growers.
US$142average price per 50 kg bag
-25%vs market average (US$190)
11 tcoffee sold
US$31,609total value
The average price depends heavily on the grade mix: lots of lower grades (MH, ML, UG, T) pull it down. Compare like with like in the grade table below.
Prices by grade
| Grade | Lots | Tonnes | Avg price | Market avg | Difference |
|---|---|---|---|---|---|
| C | 2 | 3.1 | 201 | 168 | +20% |
| MH | 2 | 2.9 | 97 | 86 | +12% |
| ML | 2 | 2.7 | 64 | 56 | +14% |
| AA | 2 | 1.5 | 189 | 278 | -32% |
| PB | 1 | 0.9 | 234 | 205 | +14% |
By season
| Season | Lots | Tonnes | Avg price (US$/50 kg) | Market avg |
|---|---|---|---|---|
| 2014/15 | 2 | 3.7 | 87 | 199 |
| 2015/16 | 7 | 7.4 | 170 | 191 |
Who buys this coffee
| Buyer | Lots | Share of volume | Avg price (US$/50 kg) |
|---|---|---|---|
| Ibero (K) Ltd | 4 | 43% | 186 |
| tbc3 | 1 | 17% | 102 |
| Rejitek Coffee Co.Ltd | 1 | 16% | 71 |
| Taylor Winch (Coffee) Ltd | 2 | 15% | 188 |
| Mombasa Coffee Ltd | 1 | 8% | 51 |
Marks used on auction lots: 26KK0012/SOYMINGIN/XCE021, 24KK0001/SOYMINGIN/XCE021, 20KK0008/SOYMINGIN/XCE021, 20KK0004/SOYMINGINXCE021, 15KK0003/SOYMINGIN/XCE021.
Source: Nairobi Coffee Exchange sale results, January 2015 to September 2020, compiled by MyKahawa. Direct sales are not included. Prices are volume-weighted.