How much is the top coffee bean? How much is a jin of coffee beans of good quality

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How much is the coffee bean per jin?

At present, the market price of the more common coffee beans in the market is generally about 18 to 20 yuan per jin, while the coffee beans bought in Starbucks can buy about 100 yuan for half a catty, and the price of coffee beans in Beijing is slightly lower than that of Starbucks. The market price of freshly baked coffee beans is about 20 yuan for half a jin, and about 30 yuan for coffee beans in some areas. The freshly roasted blue mountain coffee beans only cost about 120 yuan per catty. Of course, the price of coffee beans varies according to different types, and the prices of some super coffee beans are relatively high.

II. Changes in the price of coffee beans

The price of coffee beans has changed greatly. in the past, coffee beans were mainly in Europe and the United States, and we basically drank tea, but with the development of economy and the deepening of globalization, the trade between our country and the outside world became more and more frequent. Coffee has also become a favorite European and American drink for many people in our country, especially for those who work overtime and night shifts. So the price of coffee beans soared for a while, but slowly with the increase in the production of coffee beans, the price of coffee beans dropped slowly.

The price of coffee beans is falling sharply in the futures market. Since March, the price of Arabica beans on the New York Intercontinental Exchange, a popular variety of coffee lovers, has fallen to less than $1 a pound, falling to its lowest level in more than a decade, the Wall Street Journal reported.

For many coffee growers in Central America, the price is much lower than the cost of production. According to the Financial Times, they need to reach a price of $1.20 to $1.50 a pound before they can break even.

The Wall Street Journal pointed out two key factors contributing to the fall in prices: the increase in coffee bean production and the devaluation of the Brazilian currency.

The main growing area of coffee is between latitude 25 °south and latitude 25 °north with the equator as the center, which is also known as the "coffee belt". Five years ago, the severe drought in Brazil and the spread of coffee rust in Central America greatly reduced global coffee production capacity, and coffee futures prices rose with it. But now, the supply of coffee has exceeded the demand. The International Coffee Organization (ICO) reported in April that coffee production exceeded consumption in 2018 / 19 (April 2018 to March 2019), the second year in a row that coffee supply exceeded demand. Part of the reason is that some coffee-producing countries have stepped up coffee cultivation to counter Brazil's dominance in the industry, according to an analysis by the Wall Street Journal.

However, Brazil remains the world's largest coffee producer, followed by Vietnam, Colombia and Indonesia. In 2018, Brazil produced 7.5 billion jin of coffee beans, more than double that of Vietnam, the second-largest producer (3.4 billion jin), according to ICO. Brazil is also the largest coffee exporter, accounting for 1/4 of the world's coffee exports. As a result, international coffee prices are largely affected by Brazilian supply.

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