Nepal | September 29, 2020

NTCDB sets coffee support price

Himalayan News Service
Share Now:

Kathmandu, November 17

The National Tea and Coffee Development Board (NTCDB) has set the support price of coffee for the current fiscal year on the occasion of the 15th National Coffee Day. Celebrating the National Coffee Day in Gulmi this year, NTCDB has set the support price for six varieties of coffee produced in the country.

As per NTCDB, the price of fresh cherry ‘A’ grade coffee (organic certified) has been fixed at Rs 85 per kg while ‘B’ grade coffee (organic uncertified) has been fixed at Rs 75 per kg. Last year, price of ‘A’ grade fresh cherry and ‘B’ grade fresh cherry was set at Rs 85 per kg and Rs 80 per kg, respectively.

Likewise, NTCDB has set Rs 425 per kg for parchment ‘A’ grade coffee and Rs 375 per kg for parchment ‘B’ grade coffee. Last year, the price was settled at Rs 425 per kg and Rs 410 per kg for ‘A’ grade parchment coffee and ‘B’ grade parchment coffee, respectively. Similarly, the board has set Rs 140 per kg for dry cherry ‘A’ grade coffee and Rs 90 per kg for dry cherry ‘B’ grade coffee. In the previous year price of ‘A’ grade and ‘B’ grade dry cherry was set at Rs 140 per kg and Rs 100 per kg, respectively.

As per NTCDB, the price of different categories of coffee has been fixed based on the investment cost of coffee farming. Currently, coffee farming is being carried out on around 61,228 hectares of land. However, a total of 1.1 million hectares of land across the country is suitable for coffee farming. Some districts like Gulmi, Palpa, Argakhanchi, Lalitpur, Tanahu, Kavre, Sindhupalchowk, Lamjung, Kaski, Gorkha, Syangja, Parbat and Baglung are successfully growing and producing coffee beans and production has been increasing gradually.

According to NTCDB, Nepal exported a total of 530 tonnes of coffee last fiscal year while in the fiscal year 2017-18 a total of 513 tonnes of coffee had been exported to different countries. While the country had exported coffee worth Rs 996 million, coffee worth Rs 980 million had been imported in the last fiscal year. Nepal is exporting coffee beans mostly to Japan, America and European countries.

A version of this article appears in print on November 18, 2019 of The Himalayan Times.

Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Another woman succumbs to COVID-19 at BPKIHS

KATHMANDU: A woman infected with COVID-19 succumbed to the disease at BP Koirala Institute of Health Sciences (BPKIHS), on Monday morning. The 38-year-old woman from Dharan Sub-metropolitan City of Sunsari district had been undergoing treatment at the emergency ward of the hospital. She was ad Read More...

1,351 new cases take Nepal’s coronavirus tally to 74,745 on Monday

KATHMANDU: Nepal’s coronavirus tally moved to 74,745 as 1,351 new infections were reported in the last 24 hours. As many as 742 people that had earlier contracted Covid-19 tested negative for the infection as per the Ministry’s latest data. So far, 54,640 people have recovered from the diseas Read More...

Liverpool boss Klopp not anticipating any further arrivals

Liverpool will not make further additions to their squad in the transfer window unless they lose first-team players to injuries, manager Juergen Klopp has said. The reigning Premier League champions bolstered their squad with the signings of Thiago Alcantara, Diogo Jota and Kostas Tsimikas bu Read More...

"Planet is dying", India's 8-year-old climate crusader warns

NEW DELHI: When 8-year-old Indian climate change activist Licypriya Kangujam is older, she wants to launch a solo mission to the moon to research ways to save planet earth. One of the world's youngest climate change activists, Kangujam was influenced by the images of the devastation caused by Read More...

Worldwide coronavirus cases cross 32.97 million, death toll over 994,000

At least 32,979,301 people have been reported to be infected by the novel coronavirus globally and 994,217 people have died, a Reuters tally showed. Beijing on Monday called on importers to shun frozen food from countries suffering from severe novel coronavirus outbreaks after several cases Read More...

Baitadi district

Baitadi jail facing challenges due to overcrowding

BAITADI: District Jail, Baitadi has been facing problems in the management since it has been housing more than twice the number of jailbirds to its capacity. The jail is currently housing 58 persons including 31 inmates and 27 detainees. However, the prison only has the capacity to accommodate Read More...

Kathmandu Valley records 817 infections on Monday

KATHMANDU: Kathmandu valley logged over 800 additional cases of coronavirus infection in the last 24 hours. As per the Health Ministry’s latest report, 817 new infections surfaced in the valley today, which 60.47 per cent of the total caseload. Read Also: 1,351 new cases take Nepal’s coro Read More...

Four Covid-19 fatalities recorded on Monday, tally shifts to 481

KATHMANDU: Four people passed away from Covid-19 related complications in the last 24 hours, with which the nationwide death-toll has moved to 481. Two women two and men lost their lives due to this infection, the Health Ministry’s latest update showed. Read Also: 1,351 new cases take Nepal Read More...