Yunnan Exchange New Platform Helps Coffee Industry Development

A few days ago, the listing ceremony of Kunming Coffee Trading Center (Preparatory Committee) was held. The listing campaign, jointly launched by the Yunnan Coffee Industry Association and the Yunnan Fine Coffee Institute, aims to build a trading center before Yunnan coffee goes on sale this season.

The construction of current trading places is extremely urgent.

At present, in the main coffee producing areas in Yunnan, such as Dehong, Lincang, Pu'er and Baoshan, some coffee producing areas with relatively low elevations have matured and can be harvested. According to the relevant person in charge of the Yunnan Coffee Industry Association: so far, the planting area of coffee in Yunnan has exceeded 1.6 million mu, and in the absence of natural disasters, Yunnan coffee production is expected to reach about 120000 tons in this harvest season.

In recent years, the coffee industry in our province has developed rapidly, the coffee planting area has grown from more than 300 million mu in 2008 to more than 1.6 million mu at present, and the output has also increased from 30, 000 tons to about 100000 tons. The rapid development of the coffee industry is in urgent need of a more perfect supporting system, but in the past, Yunnan coffee has been dominated by the export of raw materials, coffee products have low added value, coffee trade is not standardized. Up to now, there is not a trading market in the province, whether it is coffee trade or warehousing, are in a scattered state.

In the past, Yunnan coffee trading mode was mainly purchased and exported by several coffee enterprises, and some international coffee enterprises directly set up purchase points in Yunnan. According to different needs, various enterprises adopted different purchase standards for Yunnan coffee, and coffee prices were not uniform. Curry farmers and small coffee enterprises can not find a market. With the continuous development and growth of Yunnan coffee industry, the construction of Yunnan coffee trading venues has become the consensus of the coffee industry.

The idea gradually covers spot and futures trading.

Based on the research and judgment of the situation, the enterprises in Yunnan coffee industry adjusted their ideas and adjusted the "Yunnan Coffee spot Trading Center" to "Kunming Coffee Trading Center".

With the participation of Yuntianhua, Hougu Coffee, Lingfeng Coffee and the coffee industry enterprises of the whole province, Kunming Coffee Trading Center will be built into Kunming as the center, taking into account the interests of the major coffee producing areas of our province, and radiating the coffee trading markets in Southeast Asia and South Asia. Towards the strategic goal of building an "Asian coffee trading center".

Xiong Xiangren, president of the Yunnan Coffee Industry Association, believes that the dry climate in Kunming is the most suitable for coffee storage, and the coffee beans stored in Kunming will not deteriorate within five years, which provides favorable conditions for medium-and long-term coffee trading. In addition, the current storage fee in Kunming is about 15mur20 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 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.

After the establishment of Kunming Coffee Trading Center, farmers will grow processed coffee according to production standards to effectively improve the quality of coffee. At the same time, the farmers hand over the coffee to the various warehouses in the center, take 70% of the payment first, and wait for the coffee price to be ideal before trading. By obtaining the overall credit of financial institutions, the center can also facilitate the financing of coffee enterprises. In addition, Kunming Coffee Trading Center will also create an investment platform to meet the needs of investors.

Xiong Xiangren said that in Yunnan coffee has not formed a futures trading stage, Yunnan coffee trading market should be called "Kunming Coffee Trading Center." Many years later, when futures trading is formed in Yunnan coffee market, Kunming Coffee Exchange is expected to 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 in order to achieve leapfrog development of Yunnan coffee industry, it is necessary to build a good coffee spot trading platform, in addition to continuing to increase investment in Yunnan coffee industry in planting and production links, we should also strive to open up trade links, build a coffee trading market, actively cultivate coffee brands, and strive to enhance the added value of coffee products.

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