Soymingin Factory 2
Factory in Kericho County, Kenya · Growers code XCE21F02
Auction performance
Between March 2015 and May 2015, coffee from Soymingin Factory 2 was sold in 4 lots at 2 auctions of the Nairobi Coffee Exchange. By volume it ranks 1427 of 2,078 growers.
US$167average price per 50 kg bag
-12%vs market average (US$190)
6 tcoffee sold
US$21,340total value
The average price depends heavily on the grade mix: lots of lower grades (MH, ML, UG, T) pull it down. Compare like with like in the grade table below.
Prices by grade
| Grade | Lots | Tonnes | Avg price | Market avg | Difference |
|---|---|---|---|---|---|
| AB | 1 | 3.5 | 162 | 218 | -26% |
| AA | 1 | 2.1 | 204 | 278 | -27% |
| MH | 1 | 0.5 | 100 | 86 | +16% |
| ML | 1 | 0.4 | 86 | 56 | +52% |
By season
| Season | Lots | Tonnes | Avg price (US$/50 kg) | Market avg |
|---|---|---|---|---|
| 2014/15 | 4 | 6.4 | 167 | 199 |
Who buys this coffee
| Buyer | Lots | Share of volume | Avg price (US$/50 kg) |
|---|---|---|---|
| Diamond Coffee Co. Ltd | 1 | 54% | 162 |
| Ibero (K) Ltd | 1 | 33% | 204 |
| Super Gibs Ltd | 2 | 13% | 94 |
Marks used on auction lots: 18KK0008/SOYMINGIN/XCE21F02, 27KK0003/SOYMINGIN/XCE21F02.
Source: Nairobi Coffee Exchange sale results, January 2015 to September 2020, compiled by MyKahawa. Direct sales are not included. Prices are volume-weighted.