Indonesia's coffee bean exports may fall to their lowest level in years this year.
In interviews with exporters and processing plants, Bloomberg found that Indonesian coffee bean exports are likely to fall 14 per cent this year to 385000 metric tons (6.42 million bags), the least since 2011, as domestic processing plants expand their purchases. and rainfall could reduce production by 10% to 595000 metric tons (9.92 million bags) this year.
Soemita, director of the Indonesian Coffee Export Business Association, pointed out that after last year's bumper harvest, the output of coffee beans this year will be reduced due to climate factors, and local consumption will also increase day by day, so everyone is snapping up coffee beans.
The decline in Indonesian exports is expected to slow the decline in the price of Robusta coffee beans. Robusta coffee futures have fallen 11.3% from five highs in March, and fell 0.3% to $1843 a tonne in London on the 10th, as supply in Vietnam and Brazil is expected to increase this year.
(responsible Editor:)
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
- Prev
Starbucks will open 60% of new stores in 2013, not involving China
Starbucks, the world's largest coffee chain operator, is building more takeout lanes, with 60% of new stores opening in 2013 set to have takeout lanes to meet people's demand for ordering anytime, anywhere. Starbucks China yesterday (January 30) in response to the "Daily Economic News" reporter interview said, At present take-out lane is mainly in the European and American markets, China
- Next
Uganda plans to quadruple coffee production
(Market WatchNicholas Bariyo) Uganda, Africa's largest coffee exporter, is planning to quadruple its coffee production in the next few years to profit from rising global coffee consumption and increase export earnings, Uganda's president said on Saturday. A presidential spokeswoman quoted Ugandan President Yoweri Museveni
Related
- What is the difference between the world's three major coffee varieties, Robusta and Arabica? What is the relationship between Rose Summer Iron Pika and Arabica?
- What is the difference between Italian American coffee and Long Black? Do Americano American coffee pour water first or concentrate first?
- Arrive on time and fail! Coffee brand co-branded events are too popular to start early!
- Realistic "White Cut Chicken Latte" has become popular! Netizen: Does a chicken taste like a chicken?
- Recommended and shared single beans suitable for making Italian SOE coffee! Can rose summer flowers and queer feet be used to make SOE American lattes?
- What water temperature ratio parameter time does it take to extract espresso? What does the espresso channel effect mean by uneven extraction?
- How to choose a semi-automatic espresso machine correctly? What is the difference between a hundred yuan/thousand yuan/ten thousand yuan coffee maker?
- The sales look strange! Lucky's new cream top encountered a problem!
- Unexpectedly! Is the last store in Guming Xi'an closed?!
- Flavor characteristics of alo Hamathiu coffee in Sidamobansa, Ethiopia! Flavor characteristics of coffee beans in Ethiopia 74158, the world's top ten coffee producing areas!