Soymingin Factory
Factory in Kericho County, Kenya · Growers code XCE21F01
Auction performance
Between March 2015 and February 2020, coffee from Soymingin Factory was sold in 92 lots at 38 auctions of the Nairobi Coffee Exchange. By volume it ranks 246 of 2,078 growers.
US$194average price per 50 kg bag
+2%vs market average (US$190)
191 tcoffee sold
US$739,962total value
The average price depends heavily on the grade mix: lots of lower grades (MH, ML, UG, T) pull it down. Compare like with like in the grade table below.
Prices by grade
| Grade | Lots | Tonnes | Avg price | Market avg | Difference |
|---|---|---|---|---|---|
| AB | 33 | 111.7 | 204 | 218 | -7% |
| C | 20 | 34.5 | 148 | 168 | -12% |
| AA | 23 | 29.9 | 245 | 278 | -12% |
| MH | 3 | 5.6 | 88 | 86 | +2% |
| PB | 6 | 4.6 | 231 | 205 | +13% |
| ML | 3 | 2.7 | 54 | 56 | -4% |
| T | 2 | 1.2 | 63 | 91 | -31% |
| TT | 1 | 0.4 | 120 | 158 | -24% |
| UG1 | 1 | 0.2 | 30 | 119 | -75% |
By season
| Season | Lots | Tonnes | Avg price (US$/50 kg) | Market avg |
|---|---|---|---|---|
| 2014/15 | 12 | 34.8 | 210 | 199 |
| 2015/16 | 4 | 14.3 | 225 | 191 |
| 2016/17 | 27 | 52.9 | 241 | 231 |
| 2017/18 | 19 | 32.0 | 223 | 191 |
| 2018/19 | 24 | 47.1 | 102 | 147 |
| 2019/20 | 6 | 9.6 | 183 | 188 |
Who buys this coffee
| Buyer | Lots | Share of volume | Avg price (US$/50 kg) |
|---|---|---|---|
| Ibero (K) Ltd | 36 | 41% | 182 |
| Taylor Winch (Coffee) Ltd | 14 | 14% | 209 |
| Louis Dreyfus Commodities (K) Ltd | 10 | 12% | 236 |
| Kenyacof | 6 | 11% | 226 |
| Kenya Nut Ltd | 5 | 7% | 153 |
| Mumbi Coffee Ltd*2 | 5 | 5% | 192 |
| Merali Dewji and Sons (K) Ltd | 1 | 3% | 214 |
| Rashid Moledina and Co. (Msa) Ltd | 4 | 2% | 123 |
Marks used on auction lots: 16KK0007/SOYMINGIN/XCE21F01, 21KK0006/SOYMINGIN/XCE21F01, 15KK0022/SOYMIGIN1/XCE21F01, 14KK0004/SOYMINGIN1/XCE21F01, 17KK0001/SOYMINGIN1/XCE21F01.
Source: Nairobi Coffee Exchange sale results, January 2015 to September 2020, compiled by MyKahawa. Direct sales are not included. Prices are volume-weighted.