Coffee review

The battle over the coffee exchange starts again.

Published: 2024-11-08 Author: World Gafei
Last Updated: 2024/11/08, The harvest of coffee beans in the 2014 / 2015 season is about to begin, and new news has come out again about the establishment of the closely watched Yunnan Coffee Exchange. Yesterday, Kunming Coffee Trading Center (chip), jointly sponsored by Yunnan Coffee Industry Association, Yunnan Fine Coffee Association and Yuntianhua, with the participation of more than 30 coffee enterprises in Yunnan Province, was listed in Jinning County, Kunming. and in the afternoon in Jinning Yunnan Phosphating Group.

部分海拔相对较低的咖啡已经成熟。本报记者

The harvest of coffee beans in the 2014 / 2015 season is about to begin, and new news has come out again about the establishment of the closely watched Yunnan Coffee Exchange.

Yesterday, Kunming Coffee Trading Center (chip), jointly sponsored by Yunnan Coffee Industry Association, Yunnan Fine Coffee Association and Yuntianhua, with the participation of more than 30 coffee enterprises in Yunnan Province, was listed in Jinning County, Kunming. and in the afternoon in Jinning Yunnan Phosphate Group Industry and Trade Co., Ltd. warehouse opening ceremony.

The newly harvested price of coffee in Yunnan is expected to rise.

The reporter learned from the Yunnan Coffee Industry Association yesterday that the new season of coffee harvest in Yunnan is about to begin. In the main coffee producing areas such as Pu'er, Lincang and Dehong, some relatively low-altitude coffee has matured.

According to the data from the 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, Yunnan coffee production is expected to reach about 120000 tons in this harvest season.

Coffee harvesting in Yunnan generally begins in October and lasts until around March of the following year. However, the best news for this coffee harvest season is that the price of coffee beans, which has been depressed for two consecutive seasons, is expected to rise in this harvest season.

Due to the production reduction caused by drought and flood in Brazil, the largest coffee producing area in the world, the trading price of coffee on the New York Coffee Exchange is expected to rise, while the purchase price of Yunnan coffee, which has always been based on the price of the New York Coffee Exchange, is affected, and the purchase price of coffee is expected to rise.

Xiong Xiangren, chairman of the Yunnan Coffee Industry Association and chairman of Hougu Coffee, said at a news conference yesterday: "the price of coffee beans will be encouraging this year and it has been confirmed that coffee production in Brazil has dropped sharply, which will lead to a rise in global coffee prices."

Liu Minghui, chairman of Aiyi Group, also told reporters on the phone yesterday: "due to the large-scale reduction of coffee production in Brazil, the purchase price of coffee beans in Yunnan will improve this year."

Xiong Xiangren predicted that the Brazilian producing areas affected by drought and flood are expected to take about three years to recover, and in three years, Yunnan coffee is expected to have an upward period of about three years.

Yang Zhiqi, chairman of Lincang Lingfeng Coffee Group, the largest coffee grower in Yunnan Province, also believes: "the price of Yunnan coffee has been depressed for three consecutive years, which has led to a reduction in the input of some farmers and the relaxation of management, resulting in a decline in Yunnan coffee production. Coupled with the impact of reduced production in Brazil, the relationship between supply and demand of coffee will be more optimistic in the next 3-5 years."

Yun Tianhua joined the Coffee Exchange War

With the arrival of the new harvest season, the smoke-filled dispute over the Yunnan Coffee Exchange two months ago also came out again-Yuntianhua Group, a large state-owned enterprise in Yunnan Province, joined the war. Yuntianhua Group, as a co-sponsor, joined the Yunnan Coffee Industry Association, Yunnan Fine Coffee Association and more than 30 coffee enterprises to jointly build the Yunnan Coffee spot Trading Center, which was launched on July 12, to be renamed Kunming Coffee Trading Center.

It is understood that yesterday afternoon held the listing and opening ceremony of the "Kunming Coffee Trading Center" warehouse and office building is Yuntianhua Yunnan Phosphate Group newly decorated.

As a large provincial state-owned enterprise in Yunnan, Yuntianhua Group has become one of the most influential enterprises in Yunnan Province by relying on its main business such as heavy chemical industry. more importantly, through years of deep cultivation in Southeast Asia and South Asia markets, they have a strong influence in the overseas markets around Yunnan.

It is understood that Yuntianhua's participation in the construction of the coffee trading center mainly wants to rely on Yuntianhua's influence in Southeast Asia and South Asian markets in recent years to introduce coffee from major coffee producing areas such as Vietnam and Indonesia to trade in Kunming.

In fact, in recent years, Yuntianhua Group has also been undergoing transformation. At yesterday's news conference, Liu Wei, the person in charge of Yuntianhua, said: "participating in the preparation and construction of the coffee trading center is also one of the transformation directions of Yuntianhua. Yuntianhua's production of chemical fertilizer was originally an agricultural enterprise. In particular, nitrogen and phosphate fertilizers have always been very influential. This participation in the establishment of a coffee trading center is an extension of Yuntianhua's industrial chain," Liu Wei also revealed. In the next step, Yuntianhua will conduct research on coffee cultivation and will produce coffee professional fertilizer and high-quality fertilizer.

It is worth noting that Yuntianhua has also made good achievements in import and export trade in recent years, especially in soybean import. Liu Wei said: "Yuntianhua already has enough experience in international trade. In the future, it will exchange chemical fertilizer for coffee in neighboring countries and introduce coffee from surrounding coffee producing areas to Kunming for trading."

However, with the entry of Yun Tianhua, the competition between the coffee exchanges in Pu'er and Kunming will become more intense, with the Pu'er municipal government and Jinyuan flowers with successful experience in the construction of the trading center on the one hand, and Yun Tianhua, a large state-owned enterprise with more than 30 coffee enterprises and international trade experience on the other. In the end, who can win the operation of the trading center? Pu'er and Kunming each have trumps, and this "chess game" becomes more complicated.

The trump card of Pu'er is close to the coffee producing areas, while Kunming's current trump card is to use the major channels in Southeast Asia and South Asia to attract coffee transactions in the surrounding producing areas. Next, which card Pu'er will play is more worthy of expectation.

However, according to the Yunnan Coffee Industry Association, on September 29, the Yunnan Provincial Agriculture Department organized both sides to reply and hired the president of Yunnan Agricultural University, Yunnan coffee industry experts, and leaders of relevant departments of Yunnan Province to set up an expert group to review 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. In the end, who can grow better or who has merged whom should be decided by the market.

The coffee trading volume in Yunnan is expected to surpass that of Tokyo in the future.

According to the vision of the Kunming Coffee Trading Center, which was launched yesterday, with the increase of Yunnan coffee production and its attractiveness to the surrounding markets, Kunming is expected to surpass the Tokyo Coffee Trading Center in the next 5-10 years to become the largest coffee trading center in Asia and the third largest coffee trading center in the world.

It is understood that at present, the largest coffee trading center in Asia is in Tokyo, with an annual trading volume of about 390000 tons, but Asia accounts for 1/3 of the world's coffee resources.

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