El Ni ñ o could hit Indonesia's coffee industry the hardest in five years
El Ni ñ o could lead to a 10% drop in coffee production in Indonesia this year, the worst El Ni ñ o in nearly two decades, leading to a dry climate, crop damage and delayed harvesting.
Some farmers, the world's third-largest grower of robastian coffee, may harvest 570000 metric tons of beans in the season that begins in April, according to a median compiled by Bloomberg based on the estimates of five traders. That's down from the previous year's record of 636300 metric tons. This will be the sharpest decline since 2011 and 2012, according to USDA data.
The decline in Robastian coffee production in Indonesia will reduce its supply to Nestl é, which will lead to a rebound in futures in London this year. The Indonesian Bureau of Meteorology, Climate and Geophysics said the worst El Ni ñ o since 1997 and 1998 was the main cause of drought in the southern part of Sumatra, the country's main coffee producing area last year.
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The total output value of coffee in Yunnan is expected to reach 35 billion yuan in 2020-the Yunnan provincial party committee and provincial government have always attached importance to it.
At present, coffee planting areas in the province are distributed in more than 40 counties (urban areas) in 10 cities. The main producing areas are Baoshan, Dehong, Pu'er and Lincang in southern and southwestern Yunnan. The acreage and output of the four cities account for more than 85% of the province. Coffee is also an important agricultural product for earning foreign exchange. In 2014, coffee exported 48429 tons and earned foreign exchange of 145.91 million US dollars, slightly more than the previous year.
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Pacific, 85C, Starbucks grabs the coffee chain market in Zhuzhou
A comfortable red sofa, with warm yellowish lights and light music, makes people feel a little bit at home. This is Pacific Coffee from Hong Kong. Yesterday, at the China Resources Wanjia Shopping Mall at the cultural intersection of Xinhua Road, Hetang District, Zhuzhou, Pacific Coffee welcomed its first customers in Zhuzhou. Except for Pacific Coffee, 85 degrees C and
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