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Uganda Coffee Development Authority’s Robusta Prices

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    Dec. 2 (Bloomberg) -- The Uganda Coffee Development Authority today quoted indicative prices for exports of robusta, which accounts for 85 percent of the country’s coffee shipments.

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

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

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

Grade          Nearby    Forward
Screen 18       82.37     82.37
Screen 15       77.37     77.37
Screen 12       73.37     73.37

The authority on Nov. 25 quoted indicative export prices for robusta as follows:

Grade          Nearby    Forward
Screen 18       83.20    84.00
Screen 15       78.20    79.00
Screen 12       75.20    76.00

To contact the reporter on this story: Fred Ojambo in Kampala via the Johannesburg bureau at pmrichardson@bloomberg.net.

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net.

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