Holidays to drive up domestic demand
China is preparing for quite a few public holidays in the next few weeks. Not only is the Mid Autumn Festival celebrated around 21 September but trading will also be largely subdued during the Golden Week and the National Day of the People's Repubic of China on 01-07 October. As traders and roasters are buying supplies in the run up to the holidays prices remain high.
Quality of new crop is anything but convincing
Although the first small volumes of the new crop have arrived, the high moisture con