| Indicative coffee prices on the cards | Send to a friend |
| Monday, 28 June 2010 22:45 |
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The Tanzania Coffee Board (TCB) would from this crop season set indicative prices for coffee at par with prices at the Moshi coffee auction and the world market, the government has said. Industry, Trade and Marketing deputy minister, Mr Cyril Chami, disclosed this while answering a basic question by Karagwe MP Gosbert Blandes (CCM), who had sought to know why coffee farmers in Karagwe were paid less for the crop than their counterparts across the boarder in Uganda. Mr Chami noted that indicative prices allows local farmers to demand better prices like their counterparts in Uganda. In addition, he said TCB would continue to market Tanzania’s coffee at international fairs such as the one organised by the Specialty Coffee Association of Japan (SCAJ), Eastern Africa Fine Coffee Association (EAFCA) and the Specialty Coffee Association of America in a bid to expand markets for the crop. Earlier, the deputy minister had admitted that Robusta coffee prices paid to farmers in Uganda were higher compared to those paid to Tanzanian farmers. Between June and December 2009, a kilogramme of coffee was fetching between Sh750 and Sh1,200 in Tanzania, while the same fetched between Sh874 and Sh1,888 in Uganda. He added that the coffee board would continue to issue licenses coffee exporters to foreign markets where the crop fetches good prices, noting that the system was also in use in Uganda. He urged local farmers to tap the opportunity by forming cooperative societies. Add this page to your favorite Social Bookmarking websites           |
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