Uganda’s March coffee exports up 2% on favourable prices

KAMPALA (Reuters) – Uganda’s coffee exports edged up in March compared to a year earlier, as exporters released larger volumes from warehouses to cash in on favourable global prices for robusta beans, the state-run sector regulator said.

The east African country is Africa’s biggest coffee exporter followed by Ethiopia and predominantly cultivates the robusta variety of the crop.

In March Uganda shipped a total 487,797 60-kilogram bags of coffee, up 2% from a year earlier, the Uganda Coffee Development Authority (UCDA) said in a report.

The increase was driven by exporters releasing higher volumes of stocks from warehouses to cash in on favourable robusta bean prices, the UCDA said in the report.

(Reporting by Elias Biryabarema; editing by Jason Neely)