28 January 2020

Price fall to hit record Yunnan coffee harvest, paper says

Mainland coffee bean prices are expected to fall to less than 15 yuan (US$2.45) per kilogram based on futures prices on the New York market, National Business Daily reported Monday, citing the Yunnan Coffee Industry Association. That price is on par with the cost of planting the commodity, the association said. Coffee production in the southwest province is expected to hit a new high of about 100,000 metric tons this year as falling prices deal a blow to the industry, the report said.

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