Starbucks joins Yunnan Coffee Yuan
With the rise of Yunnan coffee industry in recent years, international coffee giants have increased their competition for Yunnan coffee beans. Following Nestl é, Maxwell, Kraft, Newman, Ikham and other five giants, Starbucks also joined the war.
On the 12th, Starbucks President Howard Schultz (Howard Schultz) announced the signing of a memorandum of cooperation with the Pu'er municipal government of Yunnan Province and the Yunnan Academy of Agricultural Sciences. According to the memorandum, Starbucks will invest and operate its world's first coffee base in Yunnan, as well as a coffee research and development center, a coffee grower support center and a coffee processing plant.
The establishment of the planting base in Yunnan means that Starbucks will directly enter the upstream planting for the first time and build the whole industry chain model. Starbucks agronomists and quality experts will work directly with coffee growers in Yunnan to provide them with resources and technical support to improve the quality of coffee beans and increase the output of high-quality coffee beans.
For Starbucks, this model will be less affected by rising raw materials. Due to the rise in coffee purchase prices this year, Nestl é's purchase proportion of Yunnan coffee has decreased from 50% to 30%. Chen Jing, an agricultural analyst at Oriental Iger, believes that the layout of the whole industry chain brings it a relatively stable procurement chain that can resist rising raw material costs, which will also reduce Starbucks' dependence on Latin America, the largest producer of coffee.
However, it will also be an expensive and time-consuming investment for Starbucks. Generally, coffee cultivation takes three years to enter the harvest period and five years to enter the stable production period. "Starbucks has always been a vertically integrated company, but now it is starting to move forward. Strategic results remain to be seen." Howard Schultz thinks.
Chen Jing also believes that the establishment of Starbucks coffee planting base in Yunnan is also conducive to the development of Starbucks localization. At present, the Chinese market is Starbucks' fastest-growing market in the world. Starbucks has more than 400 stores in China, and Schultz announced that it will accelerate its expansion to more than 1000 in the future. to make the Chinese market a "second home market" outside the United States.
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
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The etiquette of drinking coffee
Going to a coffee shop to taste coffee is one of the daily formulas for the French, so it's not a big deal. The purpose of going to a coffee shop is mostly just to chat, so in cafes that are relaxed but frequented by high-class people, personal demeanor and clothing are very important. It may be important to have some unwritten coffee traditional politeness, such as not holding the cup all the time.
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Yunnan coffee suffers from a cold spell.
According to the purchase price of coffee beans released by Yunnan Coffee Industry Association, the purchase price of coffee beans has hovered around 15.5 yuan. Compared with the purchase price of coffee beans in the same period, the purchase price at this time in 2010 has exceeded 40 yuan. It is reported that since the price of coffee beans plummeted in 2012, the market price has been depressed. Yunnan coffee industry, which has more than 98% of the country's planting volume, is on the rise.
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