The price index of Yunnan small-grain coffee has increased. The price of Yunnan coffee beans is on the rise.
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As of the week ending April 11, Yunnan coffee price index rebounded slightly, with prices of boutique grade 3, quality, commercial grade 1 and commercial grade 2 coffee beans rising, Xinhua reported. On April 9, the index was at 1354.68 points, up 6.96 points, or 0.52%, from the previous period (2021.3.29-4.4).
Trend of Yunnan (Pu'er) Coffee Price Index
In terms of coffee prices on ICE Exchange:
Arabica and Robusta coffee prices fluctuate to run. On April 9, the ICE New York Stock Exchange Arabica Coffee 21Compact 05 contract closed at 127.25 cents / lb, up 5.65 cents / lb from April 2, or 4.65%. Ice London Stock Exchange Robusta Coffee 21Compact 05 contract closed at US $1343.00 / tonne, up 18.00 US dollars / tonne, or 1.36%.
ICE New York Exchange "C" Coffee Certification inventory
Specific prices of Yunnan coffee beans for each grade:
The average price of high-quality second-grade coffee beans was 53.50 yuan / kg, down 0.07 yuan / kg or 0.13% compared with the previous period.
The average price of premium third-grade coffee beans was 35.95 yuan / kg, an increase of 0.02 yuan / kg or 0.06% over the previous period.
The average price of high-quality coffee beans was 24.46 yuan / kg, an increase of 0.12 yuan / kg or 0.49% over the previous period.
The average price of commercial first-grade coffee beans was 23.27 yuan / kg, an increase of 0.07 yuan / kg or 0.30% over the previous period.
The average price of commercial grade II coffee beans was 18.07 yuan / kg, an increase of 0.32 yuan / kg or 1.80% over the previous period, while the average price of commercial grade III and below coffee beans was 12.42 yuan / kg, unchanged from the previous period.
Average price of Yunnan (Pu'er) coffee
The situation of coffee bean suppliers in Yunnan
Coffee picking in Yunnan is basically over, but prices are rising and coffee transactions are sporadic. At present, the supply of Yunnan coffee beans on the market is mainly stored in the form of parchment, and the supplier will determine whether to process and sell Yunnan coffee raw beans according to the market. Although the market rose in the week of April 11, because it has not yet reached psychological expectations, suppliers hold more goods to wait and see, waiting for sale.
The situation of coffee buyers in Yunnan
Inquiry about the number of buyers is general, in the face of the current high prices, we still maintain a relatively cautious purchasing attitude, so at present, the actual transaction of coffee in Yunnan is limited.
For more boutique coffee beans, please add private Qianjie coffee on Wechat. WeChat account: kaixinguoguo0925
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