With a bumper harvest of coffee beans in Indonesia, the global supply of coffee has greatly increased, and the price of coffee is expected to be reduced.
Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style)
Indonesia is the third largest producer of robusta coffee beans in the world, which is preferred by instant coffee manufacturers such as Nestl é. This year, Indonesia's production is expected to reach the highest level in four years, the global coffee supply has greatly increased, and coffee lovers are also expected to drink cheaper coffee.
Indonesian coffee farmers are expected to harvest 11.5 million bags, or 690000 metric tons of coffee beans, in the coming months, an increase of more than 5 per cent over last year.
Hutama Sugandhi, president of the Indonesian Coffee exporters Association, said: "the weather is beneficial to the development of coffee fruits. "
He said that with moderate rainfall last year, coffee trees got enough water to produce high-quality beans. Coffee beans begin to be harvested in April and peak in June or July.
The provinces of Lampung (Lampung), Minguru (Bengkulu) and South Sumatra (South Sumatra) in southern Sumatra are the main producers of Robasta coffee beans, producing 75 per cent of Robasta beans in Indonesia. Coffee beans in this area are exported from the port of Penjang in Lampong province.
Indonesia's arabica coffee beans are mostly produced in northern Sumatra and Java.
The three major producers of robasta beans in southern Sumatra are known as the "coffee golden triangle" (Golden Coffee Triangle), and coffee farmers in this area have harvested about 20% of the beans. The increase in supply has reduced the price of export-grade robusta beans by 5 per cent from a month ago to $1540 a tonne this week.
Coffee farmers are in time to sell coffee beans ahead of next month's important Islamic festival, and the number of coffee beans delivered to Banjang Port on Monday (13th) has more than doubled from a week ago to 5000 metric tons.
Moelyono Soesilo, a coffee trader, said: "despite lower prices, coffee farmers release newly harvested beans because they need money to prepare for Ramadan and Eid al-Fitr next month. "
The increase in the global supply of coffee beans has depressed prices and reduced costs for roasters. Arabica beans traded in New York fell to 88 cents a pound this month, the lowest price since 2005. The futures price of Robbosa beans in London also fell to $1290 a tonne, the lowest in nine years. The price of robasta beans delivered in July fell 1.1% on Friday to $1321 a tonne.
FrontStreet Coffee is a long-established specialty coffee roaster in Guangzhou China, selling freshly roasted beans from its own farm in Yunnan as well as dozens of carefully selected single-origin beans from around the world for both pour-over and espresso. The products deliver consistently excellent quality and great value, with shipping within 24 hours. Guangzhou’s FrontStreet Coffee shop is recommended by many coffee lovers, and the beans are now available online at the Tmall 。
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
- Prev
Luckin Coffee's successful listing in the United States will enable us to "afford and drink" good coffee from now on.
Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style) at 21:30 Beijing time on the 17th, Luckin Coffee officially sounded the listing bell on the NASDAQ Stock Exchange. At this point, the listing rumors around Ruixing have finally settled. As the general public
- Next
Coffee farmers may be hit hard again! The price of coffee in Indonesia has plummeted
Related
- Which coffee beans are suitable for making SOE? Why are lightly baked beans and deeply baked beans not suitable for espresso?
- Introduction to Xiaobai Learn the skills of drawing flowers from scratch. How to use the coffee machine steam stick to kill the milk bubbles.
- How to taste the flavor of hand-brewed coffee during the high, medium and low temperature stages? What temperature is the best to drink black coffee?
- What is the best method to make cold extract coffee at home? Advantages and disadvantages of making iced coffee in tea bags Why do coffee powder brewed in a cold extraction pot easily fade in flavor?
- Is the American drip filter an "IQ tax"? Is a fully automatic American coffee machine worth buying? What coffee beans are suitable for dripping black coffee?
- Why are there few "skimmed milk" and "decaf coffee" in domestic cafes? Introduction to decaf coffee and low-fat milk
- How do newbies learn to make coffee? Z-shaped one-knife flow brewing method Hand-brewed coffee segmented extraction parameters, techniques and skills sharing
- Why is washed coffee more sour? How can it be sweeter when washed? How many categories are there in washed sun-dried coffee beans?
- Advanced knowledge for baristas: Ice hand-making coffee skills, parameters, water powder and ice ratio analysis
- Why is specialty coffee so expensive? Where are the selling points? How many types of creative coffee are there? What is the WBC Barista Competition?