Orange juice is one of the biggest winners in the markets
All countries
Thursday 02 April 2020
FJ
A drink that has been neglected for a few years, orange juice has seen a sharp increase in demand since the start of the health crisis.
Many consumers around the world, hoping that extra vitamin C will help them fight the COVID-19 coronavirus, have increased their demand for orange juice. This new demand boosted prices, which rose + 25%.
Concentrated orange juice, traded on the New York Stock Exchange, has just signed the best performance in basic products with an increase of + 25% in a few days.
In the United States there has been a real consumer rush for orange juice. For fear of a shortage. But the professionals of the sector assure that there is no risk of shortage because the level of stocks remains important.
source : business.financialpost.com, capital.fr