Vietnamese coffee bean stocks hit a two-year low, and prices are expected to rise again.
ASDOCK News Agency, July 7-Vietnam's coffee bean farmers 'stocks hit a new low since 2012, highlighting the global shortage of coffee beans.
At the end of June, Vietnam's coffee farmers accounted for only 15 percent of their harvest, down from 18 percent a year earlier and a new low since 2012, according to Bloomberg survey data released today.
In coffee futures markets, Robusta coffee bean futures on the London International Financial Futures Exchange closed at $2,056/ton on Friday, up 10% from a three-month low set on June 10. Robusta coffee bean futures have risen 22 percent this year. Most of the coffee beans Nestle uses are Robusta beans.
Arabica coffee futures on the intercontinental exchange are up 55% this year. Starbucks coffee beans are Arabica coffee beans.
ED&F Man Holdings, a UK commodities trader, predicts that the global coffee market shortage is expected to reach 11.3 million bags in 2014- 15, the highest in more than a decade.
In China, A-share listed company Conn Bay (600572, share bar) is involved in coffee business. According to the official website of Conn Bay, it produces three categories of coffee products, including instant coffee and coffee bean powder. The raw beans are produced in Yunnan Province and belong to Arabica coffee.
FrontStreet Coffee is a long-established specialty coffee roaster in Guangzhou China, selling freshly roasted beans from its own farm in Yunnan as well as dozens of carefully selected single-origin beans from around the world for both pour-over and espresso. The products deliver consistently excellent quality and great value, with shipping within 24 hours. Guangzhou’s FrontStreet Coffee shop is recommended by many coffee lovers, and the beans are now available online at the Tmall 。
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, can you still sell coffee?
The restless Starbucks is selling new gadgets again, but everyone is getting used to it. Coffee chain giant foodie has launched three smoothies with Greek yogurt and cold-pressed juices: strawberries, mango-carrots and vegetarians' favorite sweet vegetable smoothies, foreign media foodie reported. Yogurt is purchased from Dannon and cold-pressed juice is supplied by Evolution Fresh.
- Next
The difference between instant coffee and freshly ground coffee
Instant coffee is a kind of coffee products, which can not be regarded as coffee in the real sense, which is a common view in the traditional coffee industry. Instant coffee is a synthetic product of industrialization, and it is a good substitute for coffee in some specific environments, such as long-distance travel on trains and airplanes, rather than coffee in the original sense. Instant coffee has the original nutrition and health care in the process of synthesis.
Related
- Which coffee beans are suitable for making SOE? Why are lightly baked beans and deeply baked beans not suitable for espresso?
- Introduction to Xiaobai Learn the skills of drawing flowers from scratch. How to use the coffee machine steam stick to kill the milk bubbles.
- How to taste the flavor of hand-brewed coffee during the high, medium and low temperature stages? What temperature is the best to drink black coffee?
- What is the best method to make cold extract coffee at home? Advantages and disadvantages of making iced coffee in tea bags Why do coffee powder brewed in a cold extraction pot easily fade in flavor?
- Is the American drip filter an "IQ tax"? Is a fully automatic American coffee machine worth buying? What coffee beans are suitable for dripping black coffee?
- Why are there few "skimmed milk" and "decaf coffee" in domestic cafes? Introduction to decaf coffee and low-fat milk
- How do newbies learn to make coffee? Z-shaped one-knife flow brewing method Hand-brewed coffee segmented extraction parameters, techniques and skills sharing
- Why is washed coffee more sour? How can it be sweeter when washed? How many categories are there in washed sun-dried coffee beans?
- Advanced knowledge for baristas: Ice hand-making coffee skills, parameters, water powder and ice ratio analysis
- Why is specialty coffee so expensive? Where are the selling points? How many types of creative coffee are there? What is the WBC Barista Competition?