Tanzania coffee prices fall, expected to rise
Tanzania’s coffee
prices fell at the latest weekly auction in line with global trends,
but traders said on Monday that prices were likely to rise in the
coming weeks.
“The decline in
coffee prices … followed the international markets. But coffee prices
in Tanzania remain very high,” said a trader at a leading coffee
exporting company.
“The outlook is
that there is not a lot of coffee left to sell, so the volumes are
going down. The prices in the auction should maintain their current
high levels,” he added.
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