Moshi Coffee Auctions



Coffee auction is one window of coffee export in Tanzania, the other is direct export where coffee is allowed, by the Tanzania Coffee Board, to be export without passing through auction given the condition that it meet criteria for direct export. During the coffee season, auctions are carried out at Tanzania Coffee Board in Moshi. The Table below presents summary of the last coffee auction. To access summary of other auctions for the 2011/12 season please visit http://www.coffeeboard.or.tz/auctions.php

The World market price on ICO daily indicator are accessed through http://www.ico.org/prices/pr.htm

Current Coffee Market Price (US$/50Kg)



Mild Coffee           M/18
Grade Offered Sold High Average Low PREVIOUS AVERAGE
AA 5,757 4,417 301.60 283.74 206.00 273.86
A 3,077 2,719 283.60 273.63 203.00 266.67
AB 4,234 3,396 284.00 271.52 230.00 275.53
B 2,053 1,847 283.00 261.44 202.80 250.21
PB 1,792 1,422 281.00 264.00 210.00 247.60
C 1,264 1,040 252.00 217.99 202.00 230.58
TOTAL 18,177 14,841        
HARD COFFEE            
ROBUSTA OFFERED SOLD HIGH AVERAGE LOW PREVIOUS AVERAGE
ROBUSTA ORGANIC 433 433 110.00 110.00 110.00  
UNWASHED ARABICA            
ARABICA ORGANIC 6 6 140.00 140.00 140.00  
TOTAl 439 439        
TCB/M/19 & TCB/H/18 HELD ON 19.01.2012            
Source: Tanzania Coffee Board (TCB)            

NOTES:

1. Amount offered 17,578 bags. Amount sold 14,460 bags (60Kg bags).

2. Overall average price at Moshi exchange were up by USD 17.40/50 Kgs for Mild Arabica compared to the last auction held on 13th January 2012.

3. Average prices were above the terminal market by USD 33.64/50 and USD 32.75 Kgs for Mild Arabica and Robusta respectively.

4. NY C March delivery were down by $ 9.75 cents/Lb equivalent to $ 10.75/50 kgs FOB and London (LIFFE) market March delivery were up by $ 49 per MT equivalent to $ 2.45/50 kgs FOB compared with the auction held on 13th January, 2012.

5. Next auction will be held on 26th January, 2012.