Lavazza's president says coffee prices have peaked, but regulations on deforestation should be postponed to allow the market to adapt.
Sanziana Georgescu
International
sursa foto: unsplash.com
Always see our news on Google
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.
Sources
Latest News
22:57
Prosecutor seeks sentences of up to 12 years for three doctors accused in the death of Diego Maradona
22:53
Donald Trump calls those who use the term “artificial intelligence” instead of “Super Intelligence” “enemies”
22:42
A bison weighing over 800 kilograms was found dead and decapitated in Măgura Ilvei. The police are investigating the case
22:30
George Simion, comment on Luca Niculescu's post about negotiations with the parties: “So, will you be the prime minister in the PSD government?”
22:28
Trump promises that the US will not resume attacks before the midterm elections
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
