Brazil imports coffee beans due to drought, while coffee supply in Vietnam exceeds demand, causing prices to soar.
Vietnamese coffee prices skyrocket due to shortage
"Vietnam Economic Times" reported on March 8: Last weekend, ICE futures European Robusta coffee prices rose for three consecutive rounds, March delivery prices rose 79 US dollars, reaching 2192 US dollars/ton. With the rise in international market prices, Vietnam's domestic coffee prices have also risen simultaneously. On March 3, the price of coarse coffee beans in Sai Yuan region rose by 1,000 - 1,200 VND/kg to 46,500 - 47,200 VND/kg. The West Plains region, which accounts for 80% of the country's production, may have a 30% reduction in coffee harvest this year due to dry weather. Not long ago, Brazil, the world's largest coffee exporter, decided to import coffee beans from Vietnam, which aggravated the shortage of supply. Coffee farmers appeared reluctant to sell, hoping that the price would rise to VND 50000/kg.
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
