New Coffee Auction System Boosted Coffee Prices in Kagera Region, Tanzania

Sanje Lufwelo
게시됨 2023년 3월 15일
Tanzanian coffee auction prices were boosted from the 2021/22 season at USD 0.68/kg and improved to USD 0.87/kg during the 2022/23 season following the government’s decision of giving the Tanzania Coffee Board (TCB) the mandate to supervise coffee auctions, previously supervised by the cooperative unions, something which denied companies access to buying coffee and limited trustworthiness of the coffee auctions. According to the Tanzania Coffee Industry Development Strategy 2021, the auction system has multiple advantages, including better prices and export control. An estimated 50K MT of coffee was put for auctions in the region for the 2022/23 season.
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