The price of Robusta coffee beans in Vietnam has risen continuously.
According to the analysis of Vietnamese experts, the primary reason for the high price of Robusta coffee beans is the imbalance between supply and demand. In the first eight months of this year, Vietnam's coffee exports reached 1.27 million tons, with a value of US $2.25 billion, up 39.9% and 20.7% respectively over the same period last year. Vietnam has exported a large number of Robusta coffee beans and has little domestic stock left, while Brazil and Indonesia Robusta coffee beans cannot meet the market demand. In addition, the futures price of coffee beans in London's Robusta is trading at nearly US $1900 per ton, prompting speculators to buy more and the dollar does not raise interest rates, while the appreciation of the Brazilian real is an important reason for the rise in coffee prices.
Vietnam's "Economic Times" reported on September 15 that on September 13, the price of raw coffee beans in Xiyuan, Vietnam, reached 401-406 million rupiah / ton, up 4 million rupiah / ton from the end of August and 10 million rupiah / ton over the same period last year. On Sept. 13, Robusta coffee beans reached US $1856 per tonne FOB in Ho Chi Minh City, up US $17 per tonne from the previous day. From US $1650 / ton at the end of June to nearly US $1900 / ton now, it has risen by more than US $200 / ton. Vietnam, as the world's largest exporter of Robusta coffee beans, is benefiting from the price increase.
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The assumption of Hougu Coffee on the output of products and the amazing Planning of the Market
According to the product export idea of Hougu Coffee this year and Xiong Xiangren's plan for the market, we can boldly guess the use of Hougu Coffee in the 102 mu of comprehensive land stored in Chenggong. The warehousing and logistics center to be built in the future will become an important logistics base for the international export of Hougu Coffee. We want to take advantage of the climatic conditions of Kunming and the transportation advantages of Yunnan New Europe.
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At the beginning of this year, Aixing Group sent samples of new coffee varieties produced in Yunnan to the United States, inviting the world coffee industry leader, the former chairman of the American Fine Coffee Association and one of the founders of the Coffee quality Research Institute to test the Tedelinger Cup. Rose Xia got the highest score of 87 points. At the beginning of 2016, Aiyi Group specially invited coffee master JeremyWakeford, who has 50 years of international cup testing experience, to love from Europe.
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