Yunnan coffee is good, and the purchase price rises to 22 yuan / kg.
The rise in prices will undoubtedly bring benefits to Yunnan coffee enterprises. The recent price downturn has led to the spread of pessimism among local coffee growers, and the price rise will bring higher enthusiasm to farmers, enterprises, financial departments and even government departments. If the price of more than 22 yuan / kg can be maintained for 3-5 years, the province will usher in a new round of planting boom.
"judging from the purchase of Yunnan coffee in the past 10 years, the average price should be between 25mur26 yuan / kg. Although the purchase price of 22 yuan / kg has not yet reached the average level, it is undoubtedly good news for Yunnan coffee in the cold winter." Hu Lu, deputy secretary general of the Provincial Coffee Industry Association, said that the planting cost of coffee farmers is about 15 yuan / kg. In November 2013, the price of coffee futures once fell to 107 cents / pound, equivalent to 14.3 yuan / kg. Although many enterprises still insist on buying at the protective price of 15 yuan / kg, the low price still has a huge impact on the coffee industry in Yunnan, and some places even give up picking.
This rise is expected to continue until June and July, when coffee beans in Brazil and Colombia will enter the harvest season, and coffee production in these places will fluctuate again if they are heavily affected by the drought, and if the impact is not significant, the purchase price will be maintained at 180 cents / lb.
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