Coffee review

The purchase price of coffee in Yunnan has more than doubled in three months. The price of coffee in China is quoted for coffee beans.

Published: 2024-11-17 Author: World Gafei
Last Updated: 2024/11/17, Under the dual influence of the international market and natural conditions, after more than two years of cold winter, since February this year, the purchase price of coffee beans has soared, from about 13 yuan per kilogram to the current 2627 yuan, an increase of more than 100%. Yunnan coffee prices have been rising since February. Since 2012, due to the decline in international coffee futures prices, Yunnan coffee prices have been hovering in coffee production.

Under the dual influence of the international market and natural conditions, after more than two years of "price winter", since February this year, the purchase price of coffee beans has soared, from about 13 yuan per kilogram to the current 26muri 27 yuan, an increase of more than 100%.

Starting in February

The price of coffee in Yunnan is rising all the way.

Since 2012, under the influence of the decline in international coffee futures prices, the coffee price in Yunnan has been hovering above and below the coffee production cost line. The coffee purchase price is about 13-14 yuan / kg, which once appeared the phenomenon of cost upside down. The coffee planting industry has had a "cold winter" for two consecutive years.

Hu Lu, deputy secretary general of Yunnan Coffee Industry Association and head of Kunming good Policy Institute, said that on March 4 this year, the price of type C coffee on the New York Futures Exchange rose 17.40 cents / lb to 197.78 cents / lb. equivalent to about 26.7 yuan / kg, the biggest increase in 20 years. This completely broke the calm of the coffee bean trading market, which has been in the doldrums for two years. "on March 6, the price of type C coffee rose to 209 cents per pound on the New York Futures Exchange, reaching its recent peak."

On March 15, the price of international coffee futures fell with the rainfall in Brazil. In just one week, the price of type C coffee on the New York Futures Exchange fell from 209 cents per pound to 171 cents per pound. The purchase price of Yunnan coffee has also dropped to 22 yuan / kg from a peak of 26 yuan / kg a week ago.

During the Qingming Festival, the Brazilian National Coffee Association announced that Brazilian coffee production is expected to be reduced by 300000 tons, and coffee futures prices have risen again. Over the past two days, the price has hovered around 205 cents / lb, equivalent to about 26 RMB27 / kg, up 80 cents / lb compared with 115 cents / lb in the same period last year. "

According to the quotation table on the website of Yunnan Coffee Industry Association in April, coffee prices in Yunnan have continued to rise since February this year. After the Valley Coffee, for example, the price of coffee rose from 14-15 yuan / kg in January to 24-25 yuan / kg at present. Before the Spring Festival, the purchase price of coffee beans in Yunnan was once reduced to about 12 yuan / kg. According to this calculation, the purchase price of coffee beans has increased by nearly 100% so far.

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