With Belt and Road Initiative's advantage and coffee channel, Chongqing in Europe has become the biggest coffee in China.

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Without producing coffee beans, it can create the largest spot coffee trading platform in China. Chongqing Coffee Trading Center has exceeded 10 billion yuan since June 2016, Chongqing Daily reported today (2). It has become the largest spot coffee trading platform in China.

The report pointed out that the reason why Chongqing is able to develop the coffee industry, according to Hu Lu, secretary general of the Yunnan Coffee Association, the logistics and transportation system with the China-Europe train (Yuxinou) as the core has provided Chongqing with sycamore trees for the development of the coffee industry.

It is reported that in July 2015, the first China-Europe train (Chongqing) back Valley Coffee train was sent from Chongqing. Transporting coffee through this line can achieve cash flow within half a month, and the freight cost is much lower than that of air transportation. This year, Chongqing Coffee Trading Center will also hold the first Liangjiang New area Coffee Culture and Arts Festival to promote the rapid growth of Chongqing coffee industry by promoting coffee culture.

The three major coffee spot trading centers in China are Yunnan International Coffee Trading Center, Chongqing Coffee Trading Center and Shanghai Free Trade Zone Coffee Trading Center.

However, if the Chongqing Coffee Trading Center wants to be world-class, there are still many difficulties to break through. according to the Yunnan Beauty Intelligence think Tank, the global coffee planting area has reached 1.8 billion mu, with an annual output of nearly 10 million tons, while annual consumption has reached more than 8 million tons. Yunnan's coffee production accounts for only 1% of the world's coffee production, and China's consumption only accounts for 2.5% of the world's consumption. Compared with the major consumer countries in Europe and the United States, it will certainly take a long time for Chinese coffee futures to grab the pricing power.

Coffee beans are the second largest commodity in global trade after crude oil, so futures trading is the most important way of trading. Among them, coffee futures in New York and London have basically monopolized the global coffee futures market.

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