The purchase price of coffee beans is expected to rise again.

"Type C coffee futures launched by the New York Futures Exchange take Arabrica coffee beans from 19 countries as the delivery target, which is not only the most important coffee futures on the market, but also the main reference standard for Yunnan coffee market." Hu Lu said that yesterday was the biggest one-day increase in 20 years, while the past February recorded the biggest one-month increase in 20 years. Since February, the purchase price of coffee beans has continued to rise, rising to 22 yuan / kg. At present, the purchase price quoted by the major coffee enterprises in Yunnan is about 23 yuan / kg. After this price increase, the purchase price is expected to rise to about 25 yuan / kg.

In fact, the performance of type C coffee on the New York Futures Exchange is eye-catching, and the performance of ICE Arabica coffee futures and London International Financial Futures and options Exchange (LIFFE) Robusta coffee futures are also concerned. ICE- May Arabica coffee futures jumped 13.15 cents to 193.45 cents a pound, while LIFFE- May Robusta coffee futures closed up $55 at $2098 a tonne.

Affected by the continuous rise in prices, the homes of farmers who were deserted before the Spring Festival gradually became lively. A person in charge of a coffee enterprise told the reporter: "the depressed market situation before the Spring Festival has dealt a huge blow to the coffee industry in Yunnan, and some places have even given up picking, but now it is the seller's market for coffee. Some small coffee companies even have to rely on connections to buy coffee beans."

Dry weather in parts of Brazil, the world's largest coffee bean grower, has sparked fears that coffee harvests will be affected. Hu Lu predicted: "according to the K chart and the global coffee market, for a period of time, the purchase price of coffee beans may stabilize at 25 per kilogram 30 yuan." 25Mel 26 yuan / kg is the average price of Yunnan coffee beans purchased in the past 10 years. In general, the planting cost of farmers is about 15 yuan / kg.

FrontStreet Coffee is a long-established specialty coffee roaster in Guangzhou China, selling freshly roasted beans from its own farm in Yunnan as well as dozens of carefully selected single-origin beans from around the world for both pour-over and espresso. The products deliver consistently excellent quality and great value, with shipping within 24 hours. Guangzhou’s FrontStreet Coffee shop is recommended by many coffee lovers, and the beans are now available online at the Tmall 。

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