Many places in Indonesia have experienced heavy rain! Coffee harvest is blocked
According to media reports, recently, with Indonesia approaching the rainy season, but this rainy season is very strong, many places due to heavy rainfall caused natural disasters, floods, landslides, houses, trees collapse incidents occurred frequently in recent days, many places are affected to varying degrees.
At present, the worst impact is in West Java province on the island of Java, where a number of landslides occurred in recent days, resulting in 10 deaths, 2 missing and nearly 5000 people affected. Earlier, at the end of November, North Sumatra province was also hit by flash floods and landslides, killing a total of 20 people.
In addition, several coastal areas near West Java, including the old capital, Jakarta, have been flooded for more than five days, with flood levels as high as 70 centimeters in some areas. The main reasons are the recent tide, the rising waves caused by extreme weather, the flooding of rivers and the subsidence of the ground.
Earlier, northern Sumatra also suffered heavy rainfall near the Lindong area, as well as secondary disasters such as torrential rains, landslides and landslides, killing 20 people and damaging public facilities such as schools, farms and roads.
At present, Indonesia is in the picking season, and torrential rains have greatly affected the progress of harvesting. In addition, the areas affected by disasters during this period are all near the country's main coffee producing areas, which may lead to damage to coffee plantations. However, there is no specific information.
The Chinese Consulate General in Surabaya and the Consulate General in Dengbasa have issued emergency notices reminding Chinese citizens in the consular region to pay close attention to weather warning information, avoid going to areas with high risk of landslides and floods, and pay attention to safety during the rainy season.
In 2023, Indonesia was affected by La Nina and El Ni ñ o, resulting in a severe drought, high temperature and water shortage, resulting in a significant decline in coffee production. However, the climate is stable in the second half of this year, so production is expected to resume.
In October, Indonesia's largest coffee-producing region, Sumatra, exported 532287 bags (60kg / bag) of robusta coffee, an increase of 100 per cent over the same period last year, according to a report by the Indonesian government. However, the recovery of coffee production is still lower than expected, so the market expects coffee production to reach 10.9 million bags in 2024.
However, the output is 8% lower than before, and due to the high domestic demand for coffee in Indonesia, although it is pointed out in the recent report that the domestic purchasing power of Indonesia 2024 is still weak, with an increase of less than 1% compared with 2023 in 24, due to no increase in production, the number of coffee available for export is expected to drop by 12% to 5.2 million bags for export.
In addition, Indonesia has also been affected by the currency exchange rate recently, all due to the continued strength of the US dollar. In early December, the Indonesian rupiah exchange rate broke through the 16000 mark against the US dollar, the lowest in nearly four months. In the face of this situation, the Bank of Indonesia emergency "rescue" measures. But the exchange rate remains high, with exports falling and fertiliser prices rising due to exchange rate and geopolitical problems.
In addition, as Vietnam has entered the coffee harvest season and exports have increased, the price of Robusta coffee futures has fallen, but the market is not optimistic about coffee production in Vietnam and Brazil, and Indonesian production has not recovered, so Robusta coffee prices will rise again in the near future.
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