ICO economist on Hormuz risks for coffee: Cost pressures loom, but shortages unlikely
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An economist from the ICO has commented on the potential risks to coffee from issues in the Hormuz area, suggesting that cost pressures may arise but shortages are unlikely. Other developments in the coffee industry include various companies making investments and changes, such as launching takeover bids, building new facilities, and restructuring operations. The industry is also exploring new technologies and methods, including the use of AI and robusta coffee varieties.
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