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Most of Indonesia`s coffee exports go to U.S.

Papua Arabica Coffee

Jakarta (ANTARA News) – Most of Indonesia`s coffee exports have gone to the US which is one of the countries that has high coffee consumption rate.

Around 85 to 90 percent of our coffee exports are absorbed by the US market,” an official of the Directorate General of Foreign Trade of the ministry of foreign affairs, Zulfikar, said at a press conference at the Indonesian Coffee Festival here on Thursday.

In 2012 his office recorded Indonesia`s coffee exports reached 320 tons or increased by eight percent from last year.

He said the US is one of the world`s biggest potential coffee market although that country is not among the world`s biggest coffee consumers.
However “compared to other countries, the US is one of the biggest coffee consumer,” he said.

Emphasizing the US potential, he said, if 200 million of around 320 million of its population drink two cups of coffee a day coffee consumption in the US would be huge.

Zulfikar said his office had pushed coffee producing centers in the country to increase their productivity because “our productivity is still low compared to that of other countries.”

Productivity in Indonesia is estimated at only one tons per hectare while that of Vietnam has reached four tons, he said.
“We can catch up. We still have a lot of lands for coffee plantations,” he said.

Right now coffee plantations in the country are recorded at 1.3 million hectares spreading in Aceh, North Sumatra, Lampung, West Java, Central Java, Bali, East Nusa Tenggara, South Sulawesi and Papua.

(Reporting by Hanni Sofia)
Editor: Ella Syafputri
AntaraNews; COPYRIGHT © 2013, Thu, July 11 2013 20:51

1 comment - What do you think?  Posted by Papua - July 11, 2013 at 4:57 am

Categories: Coffee Export   Tags: ,

Papua to send 36 tons of coffee to US

The Baliem Arabica Wamena cooperative in Jayawijaya, Papua, will send 36 tons of Arabica coffee to the US, as the region has been enjoying increases in coffee production over the past few years.

“That [36-ton export) is the first batch. The second batch will be exported in early October,” cooperative head Selion Karoba said in Jayapura on Saturday (4/6).

He stopped short, however, of disclosing the amount of the second batch.

Selion said local farmers also expected to send four tons of Arabica coffee to domestic markets in other regions in Papua, including Jayapura, Wamena, Timika and those in other provinces including Jakarta.

“We currently have only three tons in stock [for the domestic market], but seeing the rate of coffee production in several regions in the Papua central mountain range area, we’re optimistic about achieving the target,” Selion said to the press.

High demand for the coffee, he added, allowed the cooperative to increase the price from Rp 5,000 (about 59 US cents) per liter last year to Rp 6,000 per liter this year.

Source: The Jakarta Post

1 comment - What do you think?  Posted by Papua - June 6, 2013 at 5:14 am

Categories: Coffee Export   Tags: , ,

As Coffee Bean Prices Fall, Which Coffee Stocks Are the Winners?

By Eric Volkman | August 25, 2012

Starbucks (Nasdaq: SBUX ) is a company heavily dependent on one commodity: raw arabica coffee. It’s nice, then, that prices for those beans have generally been dropping in recent months. And based on futures contract data, that trend looks as if the trend will continue. So that seems a clear win for the company and other arabica buyers. But not all business advantages can be exploited equally, and Starbucks might not be the company best positioned to capture the opportunity.

Drier and cheaper

Drier and cheaper
The prolonged dry weather badly affecting crops in the U.S. has been beneficial for certain commodities abroad, most notably coffee. An unusually heavy bout of wet weather affecting output in java-growing countries several years ago is largely over, bringing production back to former levels. Forecasts indicate that production in Colombia, for example, could reach a half-decade high of 9 million bags (approximately 1.2 billion pounds) next year; 2011’s haul of 7.8 million (1 billion pounds) was the lowest in 35 years.

Prices have gone south thanks to the increased supply. These days, a pound of coffee on the commodities market will run a buyer around $4.20 per kilogram, or $1.91 a pound. That’s quite a far way down from the weather-influenced price spike of last year, when java changed hands at prices in excess of $6.60 per kilo ($3 per pound).

Complete Story here

Be the first to comment - What do you think?  Posted by Papua - August 26, 2012 at 7:50 pm

Categories: Coffee Info   Tags: ,

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