Specialty Coffee Auction in Panama
Buyers from the United States, Europe and Asia bid at the auction for the 16 samples of specialty coffee that are participating.
Friday, May 29, 2009
The results of the auction were better than last year, as the minimum selling price and the average price of all participants were higher in this edition than in the previous one.
Wednesday sees the beginning of the eighth electronic auction organized by the Excellence Cup.
Lots of coffee from 30 plantations will compete in this year's auction entitled ‘The Best of Panama 2011’.
On July 8, 23 lots of coffee will participate in the online auction. It is expected that the maximum price of $80.20 per pound achieved in the previous issue will be surpassed.
The electronic auction is set to begin tomorrow for the 26 best lots of coffee at the Cup of Excellence 2009 event.
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