Coffee review

Introduction to the characteristics of Burundian Coffee varieties treated by texture Grinding Calibration method in Burundian Coffee producing area

Published: 2024-11-03 Author: World Gafei
Last Updated: 2024/11/03, The New York Exchange, together with the Burundian government and coffee producers and exporters, made a decision on 17 February 2005 to lower the pricing index of Burundian coffee listed on the Exchange by 200 points, or 2 cents per pound (equal to 50 Burundian francs per kilogram). Later, it was handed in in New York.

Introduction to the characteristics of Burundian Coffee varieties treated by texture Grinding Calibration method in Burundian Coffee producing area

On 17 February 2005, the New York Exchange, together with the Government of Burundi and coffee producers and exporters, agreed to lower the pricing index of Burundian coffee listed on the Exchange by 200 points, that is, an increase of 2 cents per pound (equivalent to an increase of 50 Burundian francs per kilogram). Subsequently, the Chairman of the New York Stock Exchange informed the Burundian Ministry of Agriculture and Animal Husbandry, the Ministry of Finance, the Ministry of Industry and Commerce and the Burundian Coffee Company. Burundian Minister of Agriculture and Animal Husbandry Pierre Ndikumagange was invited to attend the opening ceremony of the New York Exchange on April 14 in order to raise the profile of Burundian coffee in the international coffee market.

After the price of Burundian Arabrica coffee was raised, the purchase price of fresh coffee in Burundi was adjusted from 120 Burundian francs / kg to 200 Burundian francs / kg, which is excellent news for countries where coffee export earnings account for more than 80 per cent of total foreign exchange earnings. Due to the abundant coffee growing season Rain Water and good field management, coffee production in 2004-05 was significantly higher than that of last year. According to Burundian officials, this year's coffee bean production will reach 36000 tons, a six-fold increase over last year (5600 tons).

This is excellent news for countries that earn more than 80% of their foreign exchange earnings from coffee exports. Due to the abundant coffee growing season Rain Water and good field management, coffee production in 2004-05 was significantly higher than that of last year. According to Burundian officials, coffee bean production this year will reach 36000 tons, an increase of six times over last year (5600 tons). The United States, Starbucks, the largest coffee retailer in the world, said a few days ago that it would increase its purchase of coffee from Burundi. Industry insiders said that Starbucks' move will help boost the economic development of Burundi. The New York Stock Exchange made a decision with the Burundian government and coffee production, operation and export enterprises on February 17, 2005. It agreed to lower the pricing index of Burundian coffee listed on the exchange by 200 points, that is, an increase of 2 cents per pound (equivalent to 50 Burundian francs per kilogram). Subsequently, the chairman of the New York Stock Exchange informed the Burundian Ministry of Agriculture and Animal Husbandry, the Ministry of Finance, the Ministry of Industry and Commerce and the Burundian Coffee Company. Burundian Minister of Agriculture and Animal Husbandry Pierre Ndikumagange was invited to attend the opening ceremony of the New York Stock Exchange on April 14.

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