The price of orange juice may increase further

By: trademagazin Date: 2012. 01. 05. 12:40

The further strengthening of orange juice is expected on the commodity stock exchange, after the exchange rate rached its two months peak.

The panic is mainly due to the experienced temperatures drop in central and western Florida, which is enough to completely destroy the crop. The Florida crop is the three quarter of the total U.S. consumption, the remainder part is being exported from Brazil – reports profitline.hu.

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