Friday, August 03, 2007

Kenya: China in Deal to Buy Locally Roasted Coffee

Business Daily (Nairobi)

3 August 2007
Posted to the web 3 August 2007

Solomon Mburu

Coffee farmers are set for better pricing of their produce following the signing of a new deal that will see China- the world's fastest growing market -buy roasted coffee from the local market.

The deal between the Kenya Planters Co-operative Union (KPCU) and All China Federation of Supply and Marketing Co-operatives is expected to push demand above supply and ultimately pile pressure on overall coffee prices.

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