Robusta coffee prices have continued their upward trend by gaining sh1,000 in value over the past month.
Robusta is trading at a high of sh7,500 per kilogramme of quality beans in Ibanda, while traders quoted low-grade robusta coffee beans at sh7,200 per kilo.
This compares to sh6,500 a kilo four weeks ago and sh5,600 recorded two months back. The sh7,500 per kilo is the highest for Robusta coffee in a long time in Ibanda and surpasses the sh6,900 recorded during the last harvest season.
Deogratias Tihwayo, a coffee trader in Ibanda town, attributed the increase to the quality of this season’s coffee beans compared to previous seasons. He said this has attracted more buyers and, hence, pushed up the prices.
David Kiiza, the chairperson of Kashangura Coffee Co-operative in Kashungura, Kagongo Division, said farmers were observing the recommended agronomical practices that have improved quality and out-turn.
Meanwhile, Arabica coffee was unchanged over the reporting period, trading between sh8,000 and sh8,500 per kilogramme in Ibanda town and Kashangura. Arabica coffee hit a record high of sh12,000 a kilo last season.
However, there has been subdued demand over the past months with the crop out of season.
UCDA daily market prices
Uganda Coffee Development Authority (UCDA) indicative figures for March 20 quoted robusta (clean) at between sh7,000 and sh8,000 a kilo, Arabica parchment sh8,500 – sh9,500, and Kiboko ranged from sh2,300 to sh2,600 per kilogramme, among others.
Source: New Vision
