I. International coffee futures prices on January 8, 2016
The latest price of type C coffee futures is 118.35 cents / lb (about 17.155 yuan / kg), the opening price is 119.05 cents / lb (about 17.256 yuan / kg), and the highest price for the day is 119.2 cents / lb (17.278 yuan / kg). The lowest price for the day was 117.9 cents / lb (17.09 yuan / kg), down 1.6% from the previous day. (the quotation is provided by the New York Futures Exchange)
Second, the purchase price of local fresh beans in Yunnan on January 9, 2016:
103.86 cents per pound, about 15.055 yuan / kg (price provided by Yunnan Nestle)
Third, the circulating price of fine coffee in the market:
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