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
22:51
NYT: Jensen Huang, Nvidia’s chief executive, reportedly had ties to a businesswoman suspected by the U.S. of transmitting information to Beijing
22:27
Minister of Labor, Florin Manole, announces that pensions and one-off financial aid payments in December will be paid in full and on time
22:21
Energy Minister Dumitru Chisăliță calls for realistic European rules, investment in grids and affordable energy prices
21:53
Maia Sandu revoked citizenship for three people / Two members of the separatist legislature in Tiraspol are accused of promoting the ideology of the “Russian world”
21:21
HiSky announces that it has paid its outstanding payment obligations to ROMATSA
See more news
NEWS ON THE SAME TOPICS
International
Chiquita Brands International’s director warns that bananas could become more expensive in 2027 amid extreme weather and wars
International
FAO: The global food price index reached its highest level in July in the last three years
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
