Vietnam coffee bean stock hit a two-year low
Asdak news agency, July 7, Vietnamese coffee bean growers in the hands of inventory reached a new low since 2012, which highlights the global coffee bean supply shortage.
Vietnamese coffee bean growers accounted for only 15% of their harvests at the end of June, down from 18% a year earlier and the lowest since 2012, according to survey data released by Bloomberg today.
In the coffee futures market, the price of robusta coffee beans on the London International Financial Futures Exchange closed at $2056 a tonne on Friday, up 10 per cent from a three-month low set on June 10th. The futures price of Robusta coffee beans has risen 22% so far this year. Most of the coffee beans used by Nestl é are Robusta beans.
The price of Arabica coffee futures on the American Intercontinental Exchange has risen 55% this year. The coffee beans used in Starbucks coffee are Arabica beans.
British merchandise trader ED&FManHoldings predicts that the global coffee market shortage is expected to reach 11.3 million bags between 2014 and 2015, the highest level in more than a decade.
In China, A-share listed company Conbey (600572, stock bar) is involved in the coffee business. According to its website, it produces three types of coffee products, including instant coffee and coffee bean powder. Raw beans are produced in Yunnan and belong to Arabica small-grain coffee.
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Water purification technology gives "coffee foaming body" a new meaning.
In the experimental results, the researchers found that the foam filter successfully removed 99% of mercury and lead from static water within 30 hours. Even in flowing water, 67% of the lead that is harmful to health has been successfully removed. The findings are published in the journal ACS Sustainable Chemistry and Engineering (ACS Sustainable Chemistry Engineering). Scientists have approved
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Coffee bean short investors may benefit from currency depreciation in emerging market countries
Short investors in coffee beans are likely to benefit from the devaluation of emerging market currencies. As a result of economic stagnation and the collapse of oil prices, the currencies of Brazil and Colombia, the world's largest supplier of Arabica coffee (Arabica coffee), have depreciated, with the Brazilian real down 25 per cent so far this year. In the past six months, the Brazilian real and the Colombian peso have exchanged exchange rates against the dollar.
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