Yunnan coffee price index shows a fluctuating trend in the first half of 2019.

Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style)

In the first half of 2019, Xinhua Yunnan (Pu'er) coffee price index showed a fluctuating trend as a whole.

Specifically, in January, a new batch of raw coffee beans in Yunnan were listed one after another, downstream manufacturers began to purchase, orders gradually increased, while futures prices rose led to price increases in the producing areas, the index showed an upward trend; from February to early April, the prices of coffee beans of various specifications in the producing areas did not change much, and the index fluctuated in a narrow range. In mid-late April, due to the sharp increase in the export volume of world coffee beans compared with the same period last year and the widening gap between supply and demand, the price of type C coffee futures in the United States fluctuated downward, driving the index down; from May to June, affected by factors such as the appreciation of the real and frost weather in Brazil, international futures prices rose, driving the index higher. According to the price monitoring of the place of origin, the Xinhua Yunnan (Pu'er) coffee price index reached 837.97 points in the week ended June 30, up about 5.19% from the week on January 6. Among them, the prices of "boutique" and "high-quality" coffee beans are relatively strong, and the prices of commercial first-class coffee beans fluctuate frequently under the influence of futures once approaching the lowest point in recent years.

According to the analysis of industry insiders, as part of the global coffee market, Yunnan coffee market is highly linked with the international coffee market, and the global coffee market prices are mainly based on the futures prices of C-type coffee in New York and U-type coffee in London. Under the condition that the international commercial bean market remains in the doldrums, cultivating "high-quality" and "high-quality" coffee beans is not only an important measure for Yunnan to deal with the low coffee price, but also the inevitable choice for the high-quality development of Yunnan coffee industry.

At present, in order to effectively alleviate the impact of falling prices on farmers, enterprises and traders, Pu'er City has carried out the pilot work of coffee target price insurance. It is reported that the target price insurance for raw coffee beans is a kind of agricultural insurance product based on the price of high-quality raw coffee beans and based on the "target price". It is a kind of innovative agricultural insurance to compensate for the loss caused by the market price of high-quality coffee raw beans is lower than the target price. At present, the target price insurance of raw coffee and beans in Pu'er City has officially entered the pilot operation period.

The Xinhua Yunnan (Pu'er) Coffee Price Index is jointly compiled by the China Economic Information Society, the people's Government of Pu'er City of Yunnan Province and the Yunnan International Coffee Trading Center, which aims to provide true, sensitive and systematic price information. reflect the changing trend of Yunnan coffee industry, rain and wind, and improve the transparency of market prices.

END