Vietnam's coffee bean stocks hit a two-year low, and price increases are expected to resume
Vietnamese coffee bean growers accounted for only 15% of their harvests at the end of June, down from 18% a year earlier and the lowest since 2012, according to survey data released by Bloomberg today.
In the coffee futures market, the price of robusta coffee beans on the London International Financial Futures Exchange closed at $2056 a tonne on Friday, up 10 per cent from a three-month low set on June 10th. The futures price of Robusta coffee beans has risen 22% so far this year. Most of the coffee beans used by Nestl é are Robusta beans.
The price of Arabica coffee futures on the American Intercontinental Exchange has risen 55% this year. The coffee beans used in Starbucks coffee are Arabica beans.
British merchandise trader ED&F Man Holdings predicts that the global coffee market shortage is expected to reach 11.3 million bags between 2014 and 2015, the highest level in more than a decade.
In China, A-share listed company Conbey (600572, stock bar) is involved in the coffee business. According to its website, it produces three types of coffee products, including instant coffee and coffee bean powder. Raw beans are produced in Yunnan and belong to Arabica small-grain coffee.
- Prev
Teasing the cat while drinking coffee, can hygiene pass?
Have you ever thought that when you are sitting in a cafe, you are not drinking coffee alone, nor are a group of people laughing and tasting coffee, but the lovely kitten also becomes a "clerk" and goes to the table to drink coffee with you.
- Next
Guangdong produces coffee. Would you like to try it?
Kopi Luwak, amber coffee, latte, cappuccino. This kind of drink, which originated in Africa, is favored by more and more Chinese people. With the help of this year's World Cup, Brazilian coffee has become popular again, but have you ever tasted coffee made locally in Guangdong?
Related
- How does coffee break out of rich layers? Which is better, washed coffee beans or sun-dried coffee beans?
- What are the five ways to drink American coffee? What is the difference between American coffee and Long Black? How to make quicksand ice American style? How to pull flowers in American coffee? Can I take milk in American coffee?
- What's so good about Blue Mountain, which ranks first in the world's top coffee beans? What grade does Blue Mountain Coffee belong to? What are the characteristics and taste of Blue Mountain Coffee?
- How to draw flowers in American coffee? Can American coffee draw flowers? What is the principle of latte flowers? How to kill the milk foam of coffee flower?
- Is it better to use lightly baked beans or deeply baked beans for mocha pot coffee? How to use and make a mocha pot! What should I do if the Mocha pot has a splash problem?
- What does special coffee mean? What beans are the best to make special coffee? Do you make special coffee with espresso or cold extract? Why is specialty coffee the "cocktail" of the coffee industry?
- Coffee shop specialty American production ratio step by step tutorial KFC apple bubble American practice
- What is the difference between the foam of a latte and white cappuccino? How thick should Latte's milk foam be made? What's the difference between a cappuccino and an Australian white latte?
- The right way to drink espresso! How to drink coffee best? Do I have to gulp dirty coffee?
- Take restrictions! Starbucks takes action to crack down on "coffee workers"