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Despite losses in Central America, coffee market still wary of Chinese beans

Friday, November 26, 2010

Despite a dwindling supply of beans and soaring prices, the coffee industry is still wary of turning to China for new supplies.

Earlier this month, Starbucks Corp. signed a deal with the government of Yunnan Province in southern China to open the company's first coffee-bean farm in the country.

Central America's high-quality beans are scarce after a violent hurricane season damaged infrastructure and spread plant disease. But the coffee market is slow to embrace new sources of beans.

Original source: Wall Street Journal