9 July 18:51

International
sursa foto: unsplash.com
Giuseppe Lavazza, president of Lavazza SpA, said coffee prices have peaked but remain vulnerable to external risks, including tariffs and EU regulations. Although world production is expected to rise, he stressed the need to postpone the EU's directive on deforestation to give farmers time to prepare. Prices hit a record high earlier this year, but the recent harvest season in Brazil could stabilize the market.