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The fourteenth coffee auction of the coffee season 2002-2003

The fourteenth auction sale of the coffee, 2002-2003 season, took place on october 2nd,2002 at the Coffee Company Office OCIBU.

Out of 756 Tons of coffee of different grades, 432 Tons have been purchased at a medium price of BIF 936.42/kg, i.e 57 % of the bid , versus only 180 Tons purchased at the 12th auction (27 %).

In addition, it's worthnoting that the medium price per kg has gone up from BIF 856.50 to BIF 936.42, i.e increase of 9 %, following notably the increase of the prices at New York market.

Thus, the prices at the closing of October 1st, 2002 for the Arabica sales, by December, are set at USC/Lb 56.55 versus USC/Lb 54.85 a week before.

Seven exporters, namely CETCO, CAB, TAI, CCE, SONICOFF, CONILCO and BCC have shared the sold tonnage.


 
MARKET REPORT, OCIBU 14/2002-2003 of 02/10/02
AUCTION N°14
CUMULATED SITUATION
   
QUOTATION
QUANTITY
OFFERED
QUANTITY
SOLD
AVERAGE
PRICE
BIF/KG
CUMULATED
SALES
AVERAGE
PRICE
BIF/KG
VALUE
IN
BIF
CUMULATED
TOTAL
VALUE
NGOMA MILD
0.00
0.00
0.00
0
0
FW AA
36.00
0,00
468.00
1,108.31
518,688,000
FW A
234.00
144.00
1,031.25
1,404.00
1,025.63
148,500,000
1,439,982,000
FW B
72.00
72.00
974.75
738.00
825.22
70,182,000
682,812,000
FW PBB
90.00
0.00
108.00
662.50
71,550,000
FW TT
126.00
108.00
942.00
1.152.00
898.44
101,736,000
1,035,000,000
FW T
90.00
54.00
880.00
540.00
810.17
47,520,000
437,490,000
S/TOTAL/FW
648.00
378.00
973.38
4.410.00
949,10
367,938,000
4,185,522,000
WASHED SONICOFF
W T
36.00
18.00
525.00
54.00
575.00
9,450,000
31,050,000
W TT
54.00
18.00
616.00
54.00
645.00
11,088,000
34,830,000
W C
00.00
00.00
00.00
36.00
755.00
27,180,000
W AB
18.00
18.00
892.00
36.00
896.00
16,056,000
32,256,000
S/TOTAL/W
108.00
54.00
677.67
180.00
696.20
36,594,000
125,316,000
TOTAL GEN.
756.00
432.00
936.42
4,590.00
939.18
404,532,000
4,310,838,000
 
EXCHANGE RATE OF THE DAY : US$ = BIF 1,064.4256
DUE CLOSURE DATE : DECEMBER 2002 NYK ARABICA 01/10/2002:56.55 USCts/Ib
(*) BURUNDI EX. STORE BASE, ALL FEES FOR EXPORT TO BE BORNE BY PURCHASERS FROM THE COMPANY
 
DETAIL PER EXPORTER
EXPORTER
PREVIOUS
PURCHASES
NOWADAYS
PURCHASES
CUMULATED
PURCHASES
PERC.
CLASSI-
FICATION
VALUE
IN BIF
CUMULATED
VALUE IN BIF
CETCO
1,062.00
72.00
1,134.00
24.71
1
74,160,000
1,126,674,000
CAB
882.00
90.00
972.00
21.18
2
84,780,000
874,080,000
TAI
792.00
54.00
846.00
18.43
3
54,450,000
831,258,000
CCE
396.00
144.00
540.00
11.76
4
129,942,000
455,076,000
SONICOFF
324.00
36.00
360.00
7.84
5
34,056,000
342,000,000
BECABU
306.00
306.00
6.67
6
289,548,000
CAFENIL
216.00
216.00
4.71
7
208,134,000
MCTC
90.00
90.00
1.96
8
75,114,000
CONILCO
36.00
18.00
54.00
1.18
9
16,056,000
28,476,000
WELCOME
18.00
18.00
0.39
10
31,590,000
COMARCO
18.00
18.00
0.39
11
21,600,000
COTRIEX
18.00
18.00
0.39
12
16,200,000
BCC
0.00
18.00
18.00
0.39
13
11,088,000
11,088,000
TOTAL
4,158.00
432.00
4,590.00
100.00
404,532,000
4,310,838,000

 

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