In the global raw material market, coffee bean prices have risen sharply over the past several weeks.
The COVID-19 epidemic is causing unprecedented turmoil in coffee farms and coffee processing plants
and also fundamentally changing the global coffee-consumption needs.
This is what coffee exporting countries like Vietnam have to take into consideration.
Reporter Le Hong Quang from Europe will review some articles on the price movement in the coffee market.
The average price of coffee in March traded on the London market increased by 6.9% compared to the previous month.
Merchants are increasing their stockpiling of coffee beans.
Die Presse newspaper in Austria is concerned about the worrying situation in the second-largest coffee exporting country in the world, Vietnam.
This newspaper wrote: "Robusta coffee traders are investigating how social distancing restrictions
affect coffee production in Vietnam. According to the official announcement,
the preventive measures only last for 2 weeks, but the market is afraid that
exports of Robusta coffee beans from Vietnam will be disturbed for many months.
In the New York futures market, Arabica coffee prices also increased by 13%,
as the situation in countries exporting Arabica coffee is no different.
The newspaper El Colombiano wrote:
"The coffee harvest season lasts from March to June in Colombia,
with an output of about 6.5 million bags of coffee requiring 135,000 workers".
Due to the travel restriction, this amount of workers may not be sufficient.
Furthermore, even if there are enough workers, then arranging accommodations for them is a matter
when everyone has to be 2 meter away according to the social distancing restriction
A farm owner said: People from elsewhere going in the farm would increase the risk of virus infection.
The  Lapatria newspaper says that some farm owners are trying to get by
by having neighbors and friends come and pick coffee cherries.
Obviously, it's just a temporary solution.
The coffee consumption market is also changing strongly and is not necessarily unfavorable.
The French Newspaper L’Echo wrote:
"The COVID-19 epidemic leads to the closure of all restaurants and cafes.
A decline in out-of-store coffee consumption and increasing unemployment will reduce coffee demand in 2020"
However, as many people have to stay at home, their consumption of home-brewed coffee increases. The paper analyzed:
"If the uptrend in home consumption is maintained, the demand for Robusta coffee will increase.
This type of coffee is sour and cheaper than Arabica,
which usually accounts for a greater proportion in powdered coffee sold  in supermarket.
When at home, people also drink more instant coffee.
And Robusta is used in instant coffee more than coffee made by coffeemakers in the coffee shops”,
Robusta is a type of coffee grown in Vietnam.
