In a telephone interview with the 'Daily News' from Moshi, the Tanzania Coffee Board (TCB) Director General, Mr Adolph Kumburu, said the prices jumped to 172.3 US cents per pound compared to 138 US cents.
Prices of its Arabica normally track the
Mr Kumburu added: "If the situation in
He said there has been continued improvement in the quality of coffee supplied to the auction and this has been reflected in its competitiveness in the world market.
He said further: "Our coffee is very competitive and has never failed to secure market in the world." Increasing output has remained to be one of the challenges that have been facing domestic coffee production.
The average production is 1 million bags annually, thus bringing little impact in the global output. Estimates from commodities analysts over coffee output in
It maintained that coffee supply tightening will not be seen until at least the 2015/2016 marketing year, barring any significant drop in Central American coffee production due to leaf rust disease.
Tanzanian coffee belongs to the Colombian group.
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