There is a serious shortage of coffee beans in the world, and overseas buyers have set their sights on China's producing areas.
International buyers have set their sights on the Chinese market as a result of a persistent drought in Brazil, the world's largest coffee producer, and a sharp drop in coffee bean production. 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 Conbey Coffee Co., Ltd., invested by Conbey Group Co., Ltd., the controlling shareholder, is mainly engaged in coffee research, planting, processing and so on. It plans to build tens of thousands of mu ecological coffee demonstration base in Pu'er. The first 10,000 mu ecological coffee demonstration garden has been launched.

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Nestl é plans to use robots to sell coffee and can understand more than 70% of daily conversations.
Global food giant Nestl é Japan plans to hire 1000 robots as salespeople to sell coffee machines and coffee capsules in major retail stores in Japan, global food giant Nestl é announced Monday. A spokesman for Nestl é Japan said: 'the first batch of robot salespeople will be on duty in December this year, and we are sure that our customers will enjoy shopping and robot services. Media reports
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The owner of the coffee shop disappeared for more than 20 days and 28 employees were owed 140000 yuan in wages.
Yesterday, employees working in a coffee shop on Chunyuan West Road in Fancheng called our hotline, saying that their boss owed 28 employees 140000 yuan in wages and had been unable to contact them for more than 20 days, hoping that the relevant departments would help them ask for their wages. At 9: 00 a.m. on the same day, the reporter came to the front of the coffee shop, and 20 or 30 employees gathered around the reporter to tell their story: at 10:00 on the evening of September 29th, the boss, Miao, asked them to mention
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