Shanghai prepares to set up a coffee exchange to sting coffee people in Yunnan

"if pacorini, an Italian warehousing operator, sets up Asia's first coffee exchange in the Shanghai free trade zone, then Yunnan, as the main producer of coffee, can only do what farmers do forever. Yunnan can only stay in the place where coffee raw materials are bought and sold. Yunnan still has no pricing power and voice." A few days ago, the Yunnan Coffee Industry Association could not help but feel a little sad when it talked about the future of Yunnan coffee industry and the establishment of a coffee exchange in Shanghai, so it called on the government to approve the operation license of Kunming Coffee Trading Center as soon as possible, change the scattered state of Yunnan coffee trade and warehousing, and protect the interests of farmers.

Yunnan accounts for almost 99% of China's coffee from acreage to output. On October 28 this year, Kunming first announced the listing of "Kunming Coffee Trading Center". But until now, the operation license of Kunming Coffee Trading Center has not been obtained. The news that the Shanghai Free Trade Zone is actively preparing for the establishment of a coffee exchange has made people in the Yunnan coffee industry in an uproar: Yunnan, as the main coffee producing area in China, the coffee trading center is located elsewhere, which will become an everlasting pain for the Yunnan coffee industry. They are worried that the dominance of the coffee industry, which has been prepared for a long time and is about to take shape, will be taken away by other places.

Li Gongqin, secretary general of the Yunnan Coffee Industry Association, said that in fact, in addition to the Shanghai Free Trade Zone, Guangxi, Guangdong, Chongqing, Guiyang and other places have approached them to take advantage of Yunnan coffee to establish trading venues. But with such good resources in Yunnan, coffee companies are unwilling to leave their homes and give up their desire to set up local exchanges. Up to now, the planting area of coffee in Yunnan has exceeded 1.6 million mu, and now it is about to enter this year's harvest season, and it is estimated that the coffee output in this harvest season will reach about 120000 tons. "Coffee can be said to be a product with the characteristics of the Yunnan plateau, and now it is not easy to reach this scale, it can contribute a lot to Yunnan's economy." Li Gongqin said that the price of coffee in Colombia is at least twice that of Yunnan small-grain coffee. Because they make fine products and have their own standards, China suffers from the fact that there is no trading center and is unable to set its own standards.

China's soybean industry is controlled by foreign-funded enterprises. In 2012, 80% of domestic crushing enterprises stopped work for various reasons, and the soybean industry chain was in a deep predicament. Will Yunnan Coffee be like this if pacorini sets up Asia's first coffee exchange in the Shanghai Free Trade Zone? Li Gongqin said: once the Shanghai Free Trade Zone Exchange is first established, it is possible that the standards of Chinese coffee will be made by others. No matter how good the quality of Yunnan coffee is, it will be completely squeezed out of the market if it does not meet the standards of others. In order to obtain the right of discourse and pricing of Yunnan coffee, the establishment of a trading center is undoubtedly the best way.