Uganda Coffee Development Authority’s Arabica Prices

The Uganda Coffee Development Authority today quoted indicative prices for exports of arabica, which accounts for 15 percent of the country’s shipments.

Uganda is Africa’s second-biggest coffee producer, after Ethiopia, and the biggest robusta coffee producer on the continent.

Nearby delivery refers to deliveries to be made within 45 days and forward delivery is between 45 and 90 days. Indicative prices refer to those used by exporters to determine prices.

Prices quoted today by the authority are in U.S. cents per pound, based on free on board rail/truck from Kampala:

Grade          Nearby    Forward
Bugisu AA      263.80    263.80
Bugisu A       262.80    262.80
Bugisu PB      262.80    262.80
Bugisu B       260.80    260.80
Wugar          261.80    261.80
Drugar         245.80    245.80

On March 1, the authority quoted indicative export prices for arabica as follows:

Grade          Nearby    Forward
Bugisu AA      262.20    262.20
Bugisu A       261.20    261.20
Bugisu PB      261.20    261.20
Bugisu B       259.20    259.20
Wugar          260.20    260.20
Drugar         244.20    244.20

source: http://www.bloomberg.com/news/2011-03-08/uganda-coffee-development-authority-s-arabica-prices-table-.html