Coffee drawn from cooperative societies and estates that was traded at Nairobi Coffee Exchange, Tuesday netted Sh1.6 billion.

A total of 28,971 bags of 50 kilos of coffee were sold representing a 4 percent increase from the 27,864 bags traded during last week's sale.

Average price per bag saw a slight drop to Sh43,911 from Sh44,944 attained in the previous sale.

The average price equals to Sh134 per kilo of cherry gross (clean coffee) where farmers will get an estimate Sh107 per kilo of delivered coffee.