The London International Financial Futures and Options Exchange (LIFFE) for Robusta coffee futures market closed lower in tandem with the New York market during the Monday session.
The London session ended on a negative note, retaining 67.13% of the earlier losses of the day. The May position closed at $5,330 (sh19,592,420) per ton, marking a decline of $46 (sh168,404), while the July position closed at $5,290 (sh19,449,460) per ton, down by $47 (sh172,078) from the previous session.
Meanwhile, Arabica coffee futures on the International Commodity Exchange (ICE) were impacted by a weakening Brazilian Real, which triggered long liquidation and pushed coffee prices lower.
The depreciation of the Real encourages export selling by Brazil’s coffee producers, adding pressure on global prices.
The May position closed at 373.05 US cents per pound, losing 0.55 US cents, while the July position remained unchanged at 364.75 US cents per pound.
Uganda’s coffee market resilient amid global trends
According to data from the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) on Monday, March 3, 2025, Uganda’s coffee market remained resilient, with significant price increases compared to the previous session.
FAQ sold for between sh15,000 and 16,000 while Kiboko sold for between sh7,800 to 8500. Arabica Parchment sold for between sh13,500 and sh14,500 while Drugar Coffee (Clean) sold for between sh19,000 and sh20,000.
Uganda’s coffee exports
The strong domestic market performance is reflected in Uganda’s coffee export figures of the January 2025 market report.
In January 2025, the country exported 550,341 60-kilo bags of coffee valued at $156.50 million. This translates to an average price of $4.74 per kilo, an increase of US cents 10 from December 2024 and a sharp rise from $2.74 per kilo in January 2024.
Year-on-year comparisons show significant growth. Uganda exported 6.44 million bags of coffee worth $1.62 billion between February 2024 and January 2025, a 3.91% increase in quantity and a 64.47% rise in value compared to the previous year.
Organic Wugar coffee fetched the highest price at $6.85 per kilo, reinforcing the premium that high-quality coffee can command.
