经济学人:咖啡杯内的风暴(2)
日期:2019-03-01 18:21

(单词翻译:单击)

MovcD9vIbz-f^yYutb@^J]M4

中英文本

csiynZjIR_&|s

Until a few years ago, traders would usually get paid within 30 days. To raise cash JAB lengthened payment terms to up to 300 days.
直到几年前,贸易商通常将在30天内收到付款6q,4lDqwAPu,&faN(。为了集资,JAB将支付期限延长至了300天6|O]9rSmex.y6FbL0
Finding financing to cover the gap has squeezed traders' slender margins.
寻找填补缺口的资金压榨了贸易商微薄的利润uICd~lNF0uGrV3~~JjnD
"These guys have money, but they're not banks," says Oscar Schaps of INTL FCStone, a brokerage.
“这些人有钱,但他们不是银行,”国际资产控股公司的奥斯卡·斯帕普说到-wR8o2SnimfIVP
The banks lending to traders may take into account the financial position of their biggest customers.
向贸易商贷款的银行可能会考虑他们最大顾客的财务状况J*X1Cyc+hMb
So the traders' borrowing costs could rise if the roasters' credit standing were to deteriorate.
所以如果咖啡烘焙商的信用状况恶化,那么贸易商的借贷成本就会上涨YUEz6&#O07fy2=S
Big traders, such as Swiss-based ECOM or Germany's Neumann, face a less favourable balance of power.
大型贸易商,比如总部位于瑞士的ECOM或是德国的Neuman,都面临着不利的权利不平衡0cs.pjBL%&WJ5
They rely on the big buyers in a fragmented industry. JAB's tactics are compounding other problems.
他们依靠零碎行业中的大买家S._p#h!_(a)Ok+bM。JAB的战术夹杂着其他问题Ag%hd~z5~%
Bumper harvests have pushed bean prices below $1.20 a pound, forcing farmers to sell at a loss. Traders are also struggling to cover costs.
大丰收将咖啡豆价格压低1.2美元每镑,迫使农民亏本售卖]tdJtFK&p#+hOx-y=h。贸易商也挣扎着弥补成本bO;Vh&6-MnD|eDr@|Y

F4s(7Ft#Q&e

咖啡杯内的风暴 (2).jpg

Y@X)AyW^hC7NjG4

Some could see their best staff leave. Andrew Kerr, a headhunter, says salaries are "starting to ease off" in Geneva, the world's centre for coffee trading.
一些贸易商可能眼睁睁的看着他们的优秀员工离职2Nb4c.L7RS4nfZj~p。猎头安德鲁·克尔表示,在世界咖啡贸易中心日内瓦,工资“开始下降”(3d3A5EziwyI)NrT
One answer for traders may be greater scale. Consolidation would allow costs to be cut while increasing negotiating power.
贸易商的答案之一可能是更大的规模VAQ&egbr,aXh8DX。合并能够减少成本,还能增加议价能力
More investment in storage, ports and transport would help them take greater advantage of arbitrage opportunities across the globe.
对仓库、港口以及运输的加大投资将帮助他们更多的利用全球套利机会k3iviBV|t&hsVtYCB3W,
That should position them well to meet Asia's growing thirst for instant coffee.
这样应该能更好的定位他们以满足亚洲对速溶咖啡不断增长的需求DsQ7EIyOBf)
Another strategy would be to capitalise on the trend for pricey gourmet brews that boast traceability and sustainability.
另一个策略是利用人们对那些拥有可追溯性和可持续性的昂贵又美味的冲泡咖啡的追求趋势w@CbT%E|a1o)Y9v]y_d
Small independent roasters have sprung up in richer cities. They are looking for specialist traders with direct links to farmers.
小型独立的烘焙商已经在更加富裕的城市中兴起hx%lE#iynco+zGMtXgW。他们正在寻找能和农民取得直接联系的专业交贸易商Q0vu]#CDx83F)9Z0Nn
The dominant roasters have also woken up to high-end coffee. Nestlé paid around $425m in 2017 for Blue Bottle, a fancy Californian chain.
占主导地位的咖啡烘焙商也已经察觉到了高端咖啡.Zy3rKsf^.1HD.]@。2017年,雀巢以4.25亿的价格收购加利福尼亚精品咖啡连锁Blue Bottle2B.O6n@#Y[ubP-_gBE(
Supplying them with top-quality beans may be another way for traders to escape the grind.
为他们供应顶级品质的咖啡豆可能是贸易商逃避压力的另一方法Hui_R,[v0(jI7xmN~Rd#

e+6R(#zi,6

译文由可可原创,仅供学习交流使用,未经许可请勿转载*PWM^hr~FPIp*euPJX]

3u)HeWw]_zpiAY34Te

词语解释

1.lengthen延长
Vacations have lengthened and the work week has shortened.
假期延长了,工作周变短了T,#*OUPaGx;5
2.take into account 考虑
Take into account your own strengths and weaknesses
考虑一下你自己的优缺点Ed&g20^jgYfe9xQ^5m
3.financial position 财务状况
Companies should be made to reveal more about their financial position
应该要求公司使其财务状况更为透明化d@K)UL^9vqf=1,U,C
4.ease off 缓和
Having a cup of coffee can ease off your pressure.
喝杯咖啡可以减轻你的压力QLdC0Y-HLgG]S

o.dD+vf)]hZ-Ub8g22x7~IF!|TDESGuN+.z%PWp,-BoHd3G3j@#XX
分享到
重点单词
  • deterioratevt. (使)恶化 vi. (使)恶化,瓦解,衰退
  • storagen. 贮藏,存储,保管,保管费,仓库,[计]存储器
  • paymentn. 支付,付款,报偿,报应
  • escapev. 逃跑,逃脱,避开 n. 逃跑,逃脱,(逃避)方法、
  • independentadj. 独立的,自主的,有主见的 n. 独立派人士,无
  • strategyn. 战略,策略
  • trendn. 趋势,倾向,方位 vi. 倾向,转向
  • scalen. 鳞,刻度,衡量,数值范围 v. 依比例决定,攀登
  • grindvt. 磨,碾碎,挤压,压迫 vi. 磨得吱吱响 n.
  • transportn. 运输、运输工具;(常用复数)强烈的情绪(狂喜或狂怒