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Why orange juice prices are soaring on global markets

by staff
Why orange juice prices are soaring on global markets


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The future price of orange juice has spiked by more than 20% this month as consumers look for healthy products during the coronavirus pandemic.

While demand has risen, supply has been hit as producers struggle to transport goods due to transport restrictions.

This has driven a rise in so-called “futures” prices of orange, which indicate its cost for delivery in the coming months.

Orange juice futures are the best performing asset so far this year.

“The Covid 19 outbreaks are hitting both the supply and demand for orange juice. The immune-boosting…



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