Chongqing: China's biggest spot trading platform for coffee

2017-10-09 04:53:16

(MENAFN) The coffee amount of the spot trading on the Chongqing Coffee Exchange reaches 10b Yuan (1.5b USD) starting from August, which makes it the largest spot trading platform of coffee in China.

According to the general director of the Chongqing Coffee Exchange, the coffee consumption in the country has increased by 20% annually, and by 2020, the coffee market is anticipated to attain 600b Yuan.

The coffee trading center has signed Cooperation deals with over 200 household and companies overseas, and is expected to become the third largest coffee trading market, following London and New York.

MENAFN0910201700450000ID1095932461

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.