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Stats confirm growth in production lagging behind consumption

机译:统计数据表明产量增长滞后于消费

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摘要

Faster consumption rather than production growth and the increasing dominance of supply by just two countries - Brazil and Vietnam -are the two big trends of recent years that emerge from an analysis of International Coffee Organization (ICO) statistics. As Robin Stainer reports, both have bullish implications for prices, the first by highlighting the risk of shortages ahead and the latter the extreme vulnerability of supply lines should both countries have poor crops in the same season. Current levels of production are sufficient to meet existing demand, according to the ICO, but not the expected rise in consumption if the recent annual growth rate is maintained, meaning that "major financial investments are required."
机译:对国际咖啡组织(ICO)统计数据的分析显示,消费增长快于产量增长,而巴西和越南这两个国家的供应占主导地位则是近年来的两大趋势。如罗宾·斯坦纳(Robin Stainer)的报告,两者对价格都具有看涨的影响,首先是强调未来短缺的风险,而后者则是如果两国在同一季节收成不好,则供应线极度脆弱。根据ICO,目前的生产水平足以满足现有需求,但如果维持最近的年增长率,则不能满足预期的消费增长,这意味着“需要大量的金融投资”。

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