Kormut FCS
Small estate in Kakamega County, Kenya · Growers code ZA.0007
Auction performance
Between April 2015 and July 2019, coffee from Kormut FCS was sold in 49 lots at 24 auctions of the Nairobi Coffee Exchange. By volume it ranks 563 of 2,078 growers.
US$122average price per 50 kg bag
-35%vs market average (US$190)
79 tcoffee sold
US$193,445total value
The average price depends heavily on the grade mix: lots of lower grades (MH, ML, UG, T) pull it down. Compare like with like in the grade table below.
Prices by grade
| Grade | Lots | Tonnes | Avg price | Market avg | Difference |
|---|---|---|---|---|---|
| AB | 19 | 50.6 | 112 | 218 | -49% |
| C | 8 | 10.6 | 131 | 168 | -22% |
| AA | 4 | 7.3 | 187 | 278 | -33% |
| PB | 8 | 5.2 | 135 | 205 | -34% |
| MH | 3 | 1.9 | 90 | 86 | +4% |
| ML | 3 | 1.9 | 66 | 56 | +16% |
| TT | 3 | 1.3 | 184 | 158 | +16% |
| T | 1 | 0.3 | 99 | 91 | +8% |
By season
| Season | Lots | Tonnes | Avg price (US$/50 kg) | Market avg |
|---|---|---|---|---|
| 2014/15 | 4 | 3.6 | 196 | 199 |
| 2016/17 | 11 | 10.4 | 252 | 231 |
| 2017/18 | 10 | 9.2 | 155 | 191 |
| 2018/19 | 24 | 55.8 | 88 | 147 |
Who buys this coffee
| Buyer | Lots | Share of volume | Avg price (US$/50 kg) |
|---|---|---|---|
| Taylor Winch (Coffee) Ltd | 12 | 28% | 104 |
| C. Dorman Ltd | 4 | 23% | 78 |
| Ibero (K) Ltd | 9 | 14% | 147 |
| Kenya Coop | 4 | 14% | 80 |
| Kenyacof | 5 | 6% | 246 |
| East Africa Gourmet | 1 | 3% | 351 |
| Louis Dreyfus Commodities (K) Ltd | 4 | 3% | 160 |
| Diamond Coffee Co. Ltd | 2 | 3% | 181 |
Marks used on auction lots: 15KK0005/KORMUT/ZA0007K0R, 15KK0005/KORMUT/ZA0007KOR, 17KK0011/KORMUT/ZA0007KOR, 20CM0063/KORMUTFCS/ZA0007, 14KK0021/KORMUT/ZA0007.
Source: Nairobi Coffee Exchange sale results, January 2015 to September 2020, compiled by MyKahawa. Direct sales are not included. Prices are volume-weighted.