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According to the newspaper, Yunnan, a major coffee province, has integrated the resources of the insurance industry and constructed a platform insurance model of "government + platform + insurance agency", and implemented price insurance for 10,000 tons of high-quality green coffee beans in the production season from 2019 to 2020.
Affected by the slowdown in the global economic growth and the epidemic, the price of green coffee beans continued to be sluggish, which seriously affected the income of coffee farmers and coffee companies
The green coffee bean target price insurance is based on the green coffee bean price and the “target price” as the compensation basis.
Yunnan provides insurance for the purchase price of 10,000 tons of high-quality coffee traded in the coffee trading center.
(Zhang Fan)