AICE: Coffee Prices Still Depressed Industry-trade
Semarang - Indonesia Coffee Exporters Association states of Central Java coffee prices are still depressed due to unstable market conditions.
Coffee prices are still depressed due to market conditions not yet stabilized, in addition to our crops is large enough, the head of Central Java AICE Mulyono Susilo in Semarang on Sunday.
According to him, the current price of arabica coffee when compared to the beginning of the year has decreased by about 40 percent, while robusta coffee price decline of about 25 percent.
Currently the price of robusta coffee around Rp 22,000 / kg, while for arabica between Rp 50-60000 / kg.g He said he hopes the decline is no longer going to remember this for the price was at a low level.
The hope prices can be increased along with the high demand for coffee from the market. However, I am not sure the price increase will occur significantly as the crop has not been normal, he said.
Admittedly, the circumstances are quite dangerous for the coffee market in Central Java. If there are problems in the supply process, it can happen that the extreme price volatility.
I personally predict the rise in prices will occur from the second half of this year, however the increase is probably no more than 20 percent, he said.
Meanwhile, Mulyono predict crop yields that occurred this year are likely to be delayed by el nino season.
El nino rains late this result, the impact is too late planting coffee. By doing so, the harvest of coffee will also certainly too late, he said.
If the harvest is usually done around April-May, for this year predicted the harvest will be done in June-July.
/ PCN
BETWEEN
Tidak ada komentar:
Posting Komentar