Coffee bean futures hit the biggest increase in a single day for half a year this year may be in short supply
Coffee beans have been falling all the way this year, due to rain in Brazil, but yesterday (16) ICE Arabica coffee beans fell 6.4% to 138.05 cents per pound, the biggest single-day decline since October last year.
According to MarketWatch, the coffee bean season has declined for six consecutive months, with a cumulative decline of 13% in February alone. Arabica coffee beans on 16 days earned 138.05 cents per pound, compared with a 17% drop in the same period last year. However, experts predict that Arabica coffee beans may soar by 8% or more this year.
Jason Rotman, general manager of Lido Isle, said that the number of empty coffee beans has increased significantly so far in 2015, mainly due to better weather conditions in Brazil, which is mainly grown. In contrast, since the drought hit Brazil last year, coffee beans have not risen since the beginning of the year, climbing more than 50% throughout the year.
Rotman said that when coffee bean prices plummeted to $130min per pound, there were a large number of gains. Rotman believes that in addition to the technical advantages, the strong global demand for coffee is also the main factor driving up the price of coffee, and it is expected that supply may fall short of demand this year.
Rotman Forecast, coffee beans are expected to stand at least 150 cents per pound this year.
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In the era of Cafe Entrepreneurship, Entrepreneurship Coffee enters the era of Free
Speaking of Zhongguancun Entrepreneurship Street, what is your first impression? The start-up coffee with garage coffee, 3W coffee and Binggo coffee all over the block has undoubtedly left the deepest impression. And just at the north entrance of this entrepreneurial street, a new entrepreneurial cafe has opened. The area of this entrepreneurial cafe called Juchuang Space is not large, but it is crowded with young entrepreneurs planning their own.
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90 Cafe Entrepreneurship talk about how to strengthen the operation and ensure the quality of life
Jiajia and Pig (pseudonym), born in the 1990s, have been like-minded since they met in college. Soon after graduating from college, they got a marriage license in the envy of everyone. As the families of both sides are still relatively well-off, the two have already paid off the house with the help of their families at the beginning of their marriage. Later, the two decided to start their own business and opened a small cafe in Pujiang Town, Shanghai. Because of the good environment, they competed.
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