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
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