26 Jul '17, 6pm

Record Coffee Earns $601 Per Pound at Best of Panama Auction

The vast majority of buyers in both the Best of Panama and the CoE auctions — which are separate programs — hail from Asia. The Specialty Coffee Association of Panama reported that 37 of the winning lots went to buyers in Taiwan, China, Hong Kong, Japan, Thailand, Indonesia and South Korea, while Australian buyers bought seven of the lots, with the remaining lots going to buyers in the United States (1), Holland (1), France (1), the UK (2) and Saudi Arabia (2).

Full article: http://dailycoffeenews.com/2017/07/26/record-coffee-earns...

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