Coffee review

Kunming Coffee Trading Center may become an Asian Coffee Trading Center in the future.

Published: 2024-05-20 Author: World Gafei
Last Updated: 2024/05/20, On October 28, 2014, the listing ceremony of Kunming Coffee Trading Center (chip) was held in Kunming, Yunnan Province, jointly launched by Yunnan Coffee Industry Association, Yunnan Fine Coffee Association and Yuntianhua (600096, stock bar). It is understood that the establishment of the Kunming Coffee Trading Center will take Kunming as the center, take into account the interests of the major coffee producing areas in Yunnan Province, and radiate Southeast Asia and South Asia.

On October 28, 2014, the listing ceremony of Kunming Coffee Trading Center (chip) was held in Kunming, Yunnan Province, jointly launched by Yunnan Coffee Industry Association, Yunnan Fine Coffee Association and Yuntianhua (600096, stock bar).

It is understood that the establishment of the Kunming Coffee Trading Center will build Kunming as the center, take into account the interests of the major coffee producing areas in Yunnan Province, and radiate the coffee trading market in Southeast Asia and South Asia. move towards the strategic goal of comprehensively promoting Kunming into an "Asian coffee trading center".

The Construction of Coffee Market is imperative

Autumn is getting stronger, and the new season of coffee will also usher in the harvest season. It is understood that in the main coffee producing areas in Yunnan, such as Dehong, Lincang, Pu'er and Baoshan, some coffee at relatively low elevations has matured and Yunnan coffee can be harvested.

According to the staff of Yunnan Coffee Industry Association: so far, the planting area of coffee in Yunnan has exceeded 1.6 million mu. In the absence of natural disasters, the output of coffee in Yunnan is expected to reach about 120000 tons in this harvest season.

In recent years, the coffee industry in Yunnan has developed rapidly. The planting area of coffee in Yunnan has grown from more than 300,000 mu in 2008 to more than 1.6 million mu at present, and the output has also increased from about 30,000 tons to about 100000 tons. Yunnan produces high-quality Arabica coffee, commonly known as small seed, so Yunnan coffee is also called "Yunnan small grain coffee". Yunnan coffee usually ripens at the end of October every year, and the harvest usually lasts until around March of the following year.

The rapid development of the industry needs a more perfect supporting system. In the past, Yunnan coffee has been dominated by raw material export trade, the added value of coffee products is low, coffee trade is not standardized, so far there is not a trading market in Yunnan, whether coffee trade or warehousing, are in a scattered state.

In this case, the establishment of a coffee trading center has become the consensus of the whole industry.

After several twists and turns, the trading center landed in Kunming.

So the news that Yunnan is preparing to build a coffee trading center has been flying since 2013. Many departments, institutions and enterprises have put forward the idea of building Yunnan Coffee Trading Center. After more than half a year of game, the main body that really launched the promotion work of Yunnan Coffee Trading Center showed two: Pu'er and Kunming!

But there was a dramatic scene in July: Pu'er, Yunnan Coffee Trading Center on July 9, 2014, and Kunming, Yunnan Coffee spot Trading Center on July 12, 2014.

On July 16, 2014, Yunnan Coffee Industry Association and Yunnan Fine Coffee Society jointly held a media meeting to explain the controversy over the construction of Yunnan coffee trading market.

The construction of Yunnan coffee market has become the focus of controversy in Pu'er or Kunming. Pu'er, the main investors in Pu'er City Investment and Jinyuan flowers advocate the establishment of Yunnan coffee trading market in Pu'er; in Kunming, the investors mainly composed of coffee industry enterprises advocate the establishment of Yunnan coffee trading market in Kunming; the construction of Yunnan coffee trading market requires the administrative permission of the people's government at the provincial level. so far, the two main bodies advocating construction have not received administrative permission from the government.

On September 29, 2014, the Yunnan Provincial Agriculture Department advocated that both sides should reply, and invited the president of Yunnan Agricultural University, Yunnan coffee industry experts and the leaders of relevant departments of Yunnan Province to set up an expert group to evaluate the project. The expert group suggested that the construction of the coffee market should follow the law of "market promotion and regulation", and that both companies should be approved to carry out construction, and it should be decided by the market who can grow better or who has merged whom in the end.

Under this situation, through the efforts of Yunnan Coffee Industry Association, Yunnan Fine Coffee Association, Yuntianhua and other units, Yunnan coffee industry enterprises have adjusted their thinking and adjusted the "Yunnan Coffee spot Trading Center" to "Kunming Coffee Trading Center". The Kunming Coffee Trading Center will be attended by Yuntianhua, Hougu Coffee, Lingfeng Coffee and the whole province's coffee industry enterprises. To build Kunming as the center, taking into account the interests of the major coffee producing areas in Yunnan Province, radiating the coffee trading market in Southeast Asia and South Asia, and moving towards the strategic goal of comprehensively promoting Kunming into an "Asian coffee trading center".

Xiong Xiangren, director of the Yunnan Coffee Industry Association, believes that the dry climate in Kunming is the most suitable for coffee storage, and the coffee stored in Kunming will not go bad for 3-5 years, which provides favorable conditions for medium-and long-term coffee trading. In addition, the current storage fee in Kunming is about 15-20 yuan / kg, which is cheaper than that in Europe and the United States, Tokyo, Singapore and Malaysia, which is only 1/4 of that in the above-mentioned areas. And China is expected to grow into the largest coffee consumer in 5-10 years, and the huge consumer demand will attract coffee from more countries to trade in China, which will provide greater attraction for direct trading of coffee beans in Yunnan.

Joint efforts to build the world's third largest coffee exchange

On the afternoon of October 28, Yunnan Coffee Industry Association, Yunnan Fine Coffee Society and Yuntianhua jointly launched the launching ceremony of Kunming Coffee Trading Center (chip). At the same time, in the middle of Yongle Street in Jinning, Kunming, a brand new office building was selected as the office building of Kunming Coffee Trading Center. On the afternoon of the same day, in front of the newly renovated warehouse of Yuntianhua Yunnan Phosphating Group, the warehouse opening ceremony of Kunming Coffee Trading Center was held. Vehicles loaded with coffee beans and coffee instant powder drove into the warehouse, and workers were busy shipping coffee.

It is understood that the preparation and establishment of Kunming Coffee Trading Center has also won the support of Yuntianhua.

Yuntianhua is one of the largest state-owned enterprises in Yunnan Province. Yuntianhua's participation in the construction of Yunnan coffee market can give full play to its international and domestic advantages. it has a good advantage in introducing coffee from major global coffee producing countries such as Vietnam and Indonesia to Kunming for trading.

It is understood that after the establishment of the Kunming Coffee Trading Center, the interests of farmers will be protected to the maximum, and the farmers will plant processed coffee according to Yunnan coffee production standards, which can effectively improve the quality of Yunnan coffee. At the same time, the farmers will hand over their coffee to the Kunming Coffee Trading Center in a sub-center warehouse, get 70% of the payment first, and then trade when the coffee price is ideal. For coffee enterprises, by obtaining the overall credit of financial institutions, Kunming Coffee Trading Center can bring convenience and reduce financing costs for coffee enterprises, and make the trade of coffee enterprises more smooth; for the general public, Kunming Coffee Trading Center can become a platform for investment, so that Yunnan Coffee, a valuable resource, can give full play to the financial investment attributes of coffee and meet everyone's investment needs.

As for the Kunming Coffee Trading Center, Xiong Xiangren, president of the Yunnan Coffee Industry Association, believes that when Yunnan coffee has not formed a futures trading stage, the Yunnan coffee trading market should be called "Kunming Coffee Trading Center." when the Yunnan coffee trading market forms futures trading, the Kunming Coffee Exchange will become the third largest coffee exchange in the world after New York and London.

Yang Zhiqi, executive vice president of Yunnan Fine Coffee Society, believes that if Yunnan coffee industry wants to develop by leaps and bounds and transform and upgrade, it is necessary to build and develop Kunming Coffee Trading Center. In addition to continuing to increase investment in planting and production in Yunnan coffee industry, opening up trade links, building coffee trading market, cultivating coffee capital attributes, cultivating domestic coffee consumption market, expanding international coffee trade, strengthening coffee processing, actively cultivating coffee brands, and striving to enhance the added value of coffee products, we need the joint efforts of all coffee participants.

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