Indonesia Coffee Farmers inundated Demand for Jan – Feb 2012 Stocks

Coffee farmers in North Sumatra, Indonesia inundated with requests from traders for stocks from January to February 2012 because the new harvest begins in March fastest.
"A lot of traders who want to buy coffee, but the goods (coffee) is low because it would run out of harvest," said R Sembiring, the coffee growers of Sidikalang in Medan, Thursday (29/12).

Although the offered purchase price higher than the normal price lebh previous year Rp50ribuan per kg for Arabica arbitrary, but farmers can not sell many take more.

"The offer price is more expensive obviously tempting, but how it will meet the demand for the fruit of the tree has lived a bit because the harvest was about to run out," he said.

With little coffee farmers while the new harvest will be calculated starting March or April 2012, the sale price could go up in 2012. "Farmers really hope once coffee prices rise again, because frankly with the increasingly older age of the plant, production is not too much," he said.

Vice Chairman and field Speciality Coffee Industry Coffee Export Association of Indonesia (AEKI) of North Sumatra, Saidul Alam, admitted the difficulty of getting supplies exporter of coffee traders and farmers.

In the midst of the difficulty of getting coffee, the purchase price of the dealers also rose from the previous price trend is in the range of Rp55.000 - Rp56.000 per kg untu premises quality arabica type random.

As a result of the strengthening trend in the prices of local, exporters increasingly find it difficult because of the overseas buyers have coffee was worth 7.2 U.S. dollars per kg.

If the price in local've Rp56ribuan upward, favorable selling price should be at levels from 7.4 to 7.5 U.S. dollars per kg.

Regarding the outlook for coffee prices in 2012, said he, very difficult to predict because many factors that cause the rise or fall in coffee prices in international markets.

If the tight supply, there is the possibility of price rises and vice versa.

Head of the Central Statistics Agency (BPS) of North Sumatra, Suharno, said the value of coffee exports include tea and spices in January-September rose 62.45 percent from a year ago or reached 344.502 million U.S. dollars triggered selling price increases.

The high increase in export value, causing the class of goods was still in fourth position as provider of foreign exchange earnings of the largest in North Sumatra, which until September had reached 8.961 billion U.S. dollars.

Category: Coffee, coffee stcoks 2012, indonesia arabica coffee, indonesia coffee demand, sumatra coffee