Fight for the right to say the purchase price of coffee in Yunnan Province.

A coffee exchange will be set up in Shanghai Free Trade Zone. Pacorini, a well-known international warehousing operator in Italy, recently announced that it plans to join hands with the Shanghai agricultural products market to set up Asia's first coffee exchange in the Shanghai free trade zone.

Hearing this news, Yunnan coffee enterprises are in a hurry, Yunnan coffee industry association is in a hurry, and so is the "Kunming Coffee Trading Center", which was just listed on October 28. Neither the coffee trading center in Kunming nor the Yunnan coffee trading center in Pu'er has obtained the operating license approved by the government.

Li Gongqin, secretary general of Yunnan Coffee Industry Association, and other industry insiders called on the relevant functional departments of the Yunnan government to approve the operation license as soon as possible.

The coffee market has great potential.

In six years, China's coffee consumption will reach 300 billion yuan.

Why are they all rushing to build a coffee trading center?

With the rapid development of China's economy, coffee consumption in Chinese cities is gradually associated with modern life, driving the rapid increase of coffee consumption and forming a huge potential consumption market.

In Kunming, not only the Cuihu business district, but almost all the business circles, I do not know when, a number of fashionable cafes have emerged, to coffee shops to talk, date, leisure, has become a trend of urban consumption.

According to statistics, China's coffee consumption is growing at a rate of more than 20% every year, and there is still 90% of the huge consumption market to be developed in the future. by 2020, the consumption of China's coffee market is expected to reach 300 billion yuan. China is expected to become the world's largest consumer of coffee. Therefore, Nestl é, Starbucks and other world coffee giants have begun to lay out the Chinese market, not only in Kunming, but now coffee shops are springing up all over the country.

"once someone else has set up a trading center, our business requires others, and we are really worried about it. Today, the price of Yunnan coffee in the international market is 2-3 times lower than that in Colombia because of the lack of its own standards and voice for coffee of the same quality. " Li Gongqin, who is usually elegant and anxious, said that the tragedy of China's soybean industry in 2008 should not be repeated. Yunnan coffee cannot be like Chinese soybeans, where 70% of the control is monopolized by foreign investors and joint ventures.

In the view of Hu Lu, deputy secretary general of the Yunnan Coffee Industry Association, the right to say coffee prices and spot transactions is only the most primitive step. Whether foreign or domestic, enterprises compete to build coffee trading centers, paying more attention to the "quasi-financial nature" of this coffee product. After completion, the coffee warehouse receipt can be granted by the bank to obtain financing, and even futures trading can be realized, and coffee can become a financial investment product. For example, if 1 million tons of coffee is only a spot transaction, then the amount is about 10 billion to 20 billion yuan in the market, and after taking the financial route, it can be upgraded to a financial market of hundreds of billions or even hundreds of billions, and then to futures trading, the market can reach the trillion level.

Multi-land competition to build a trading center

Yunnan coffee purchase price has never had a say.

"relevant departments in Guangxi, Guiyang and other places have approached Yunnan in the hope of setting up a local coffee exchange, but whether Yunnan coffee should leave its hometown or not has become the most hotly debated issue among coffee enterprises. Whether we emigrate or not, what we hope most is that the coffee exchange is in the hands of the Chinese. The entry of foreign capital will make Chinese coffee or Yunnan coffee very passive. " Hu Lu said: last year, for example, a foreign company quoted a purchase price of 13 yuan to 14 yuan per kilogram for coffee, which fell below the cost price. in fact, the purchase price for coffee in Yunnan has been suppressed, and the annual purchase price is 10 to 15 cents lower than the international price.

Hu Lu said that Yunnan coffee trading does not want to go to an intermediary, and Yunnan coffee should not be a small "small agricultural product." up to now, the planting area of Yunnan coffee has exceeded 1.6 million mu, and now coffee beans have reached the harvest season. if you can no longer get an administrative operation license, then the progress of Kunming Coffee Trading Center will be delayed for another year or two. At that time, I am afraid it will not be able to compete with the Asian Coffee Exchange to be established in the Shanghai Free Trade Zone.

Hu Lu analysis believes that although Yunnan has the advantage of "envy and envy" coffee resources in other regions, Yunnan is located in a remote and backward area, with a shortage of talents, backward consciousness, lack of industrial development awareness, weak financial awareness, and lack of foresight. It restricts the development of the industry to a great extent. Therefore, the development of Yunnan coffee also needs more support and help from the government.

News reading aid

With the emergence of the potential of China's coffee consumption market and the needs of the development of the coffee industry, more coffee trading venues have been set up.

On July 9, 2014, Yunnan Coffee Trading Center was listed in Pu'er, Yunnan Province.

On July 12, 2014, Yunnan Coffee spot Trading Center, mainly composed of coffee industry enterprises, was listed in Kunming.

On October 28, 2014, "Kunming Coffee Trading Center" was launched by Yunnan Coffee Industry Association, Yunnan Fine Coffee Society and Yuntianhua.

On November 10, 2014, PACORINI, a well-known international warehousing operator in Italy, announced in Shanghai that it would join hands with the Shanghai agricultural products market to set up Asia's first coffee exchange in the Shanghai Free Trade Zone.

In fact, there are far more coffee trading centers in the pipeline.