There is a serious shortage of coffee beans in the world, and overseas buyers have set their sights on China's producing areas.
Asdak News Agency, October 29, due to the continuous drought in Brazil, the world's largest coffee producer, and the sharp decline in coffee bean production, international buyers have set their sights on the Chinese market. Volcafe, a US food company, announced on Tuesday that it would set up a joint venture in China to buy and sell coffee beans grown in Yunnan province.
Analysts believe that although China accounts for less than 1% of the world's coffee bean production, it still has a new source of goods despite the sharp drop in global coffee bean production.
At present, many international enterprises, such as Nestl é and Starbucks, have also set up coffee bean purchasing sites in Yunnan. According to the Brazilian National Coffee Association, due to the severe drought in Brazil, coffee bean production this year will reach 2.46 billion kg, nearly 20% less than last year, while next year production will fall to less than 2.4 billion kg, the worst decline in 50 years.
Brazil is the world's largest producer of Arabica beans, the main source of raw materials for coffee shops, and its prices have nearly doubled so far this year. China's mild-flavored Arabica beans are a relatively new breed in the global coffee market but are rapidly gaining recognition from coffee lovers around the world, according to the global head of commodities trader ED&F Man.
According to Volcafe, the annual output of coffee beans in Yunnan is usually more than 60, 000 tons. According to the latest news from Yunnan Coffee Industry Association, Yunnan coffee planting area accounts for more than 95% of the country, and coffee output is expected to reach about 120000 tons this season.
Among the domestic A-share listed companies, 600572.SH is involved in the coffee business, and its products include instant coffee and coffee bean powder, and raw beans are produced in Yunnan. In addition, Yunnan Conbe Coffee Co., Ltd., invested by Conbey Group Co., Ltd., the controlling shareholder, is mainly engaged in coffee research and cultivation.
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
Kunming is expected to become one of the three largest coffee exchanges in the world.
On October 28, in the main coffee producing areas in Yunnan, such as Dehong, Lincang, Pu'er and Baoshan, some coffee at relatively low elevations have matured, and busy farmers have been harvesting coffee in the mountains. According to the staff of Yunnan Coffee Industry Association, so far, the planting area of coffee in Yunnan has exceeded 1.6 million mu. In the absence of natural disasters, Yunnan coffee is expected to be harvested in this season.
- Next
Coca-Cola enters the mainland coffee market again and takes the lead in Hangzhou.
Unexpectedly, Coca-Cola also has coffee. Is this to compete with Nestle and Starbucks for business? Yesterday, Xiao Qin, who was shopping in a supermarket in the west of the city, accidentally found a new face on the coffee and beverage shelf. After the beverage industry has said goodbye to the golden era of high growth, instant coffee, a niche beverage market with a high compound growth rate of 34.2%, is making it a new favorite in the industry. In contact with Nestle
Related
- Detailed explanation of the proportion of gold gouache in hand-brewed coffee? What are the Gold Cup Guidelines?
- What is the difference between the gold label rose summer and the red label rose summer in Guixia Village? Are Rose Summer 1931 and Gori Rose Summer?
- Cudi stores ban other brands of coffee?! Netizen: No problem
- Is it better to make coffee cold or hot? Why is it recommended to drink hot coffee?
- Lucky people collapsed! The store ceiling is full of AI surveillance cameras?!
- Law Enforcement Bureau? Mixue Ice City enters Zhengzhou BRT platform!
- Heavy! Nestlé has been exposed to consider selling blue bottle coffee!
- Compensation of 270 million yuan! Starbucks has been charged with violating labor laws more than 500,000 times!
- What are Xizhao coffee beans? Why did they become champion beans? How to rush to the manor on the dividing line in Colombia?
- What does channel effect mean in coffee? Why are there holes in the coffee powder cake?