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Coffee price drops in Yunnan

By : InKunming | Published: 2013-October-30

In last few days, while many people were concerned about the higher priced Latte at Starbuck in China, the purchasing price of the coffee beans plummeted from 40 yuan per kilometer to 15 yuan/kg, and millions of coffee farmers in Yunnan felt anxious about the price of coffee they made every effort to grow.

According to the Coffee Association of Yunnan, the future prices of coffee in New York range from 110 to 115 cents per pound at present, which indicates that selling prices of coffee in Yunnan may not exceed 15 yuan per kilogram.

The Selling prices of coffee were lower than 15 yuan per kilogram. Coffee farmers in Yunnan are facing deficit situation.

 Yunnan's coffee farmers pluck coffee beans. [File Photo]

"What can I do if the selling prices fail to meet my planting costs?", a coffee farmer in Dehong said with worries.

In this harvest season of coffee in Yunnan, supposed selling prices of coffee fell from top price 40 yuan per kilogram to a low price below 15 yuan per kilogram, all endeavors in coffee planting in a past year by Yunnan farmers would come to nothing.

Coffee Association of Yunnan said that until 2013, coffee planting areas in Yunnan have reached 1,400,000 mu, on which predicted output of coffee may arrive at 100,000 tons. Both planting areas and predicted output in Yunnan cover 98% of China’s coffee market.

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