Arabica and robusta prices have risen to five-month highs as El Niño weather disruption spreads concern across major coffee-producing nations
Ongoing coffee market volatility is set to continue disrupting global coffee prices, Lavazza Group Chairman Giuseppe Lavazza has cautioned.
Speaking to press at this year’s Wimbledon tennis tournament, which Lavazza has sponsored since 2011, the 61-year-old warned that retail coffee prices were unlikely to come down for at least two years, stating that “instability is the new constant”.
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