Orange juice prices are soaring in global markets


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

Its immune-boosting properties of oranges are the demand side attraction.

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

There are also issues on the supply side as plantations introduce restrictions such as social distancing mean they don’t have enough workers.

Orange juice futures have seen their biggest monthly gain since October 2015, but the profits are only sue to a Spike in orange juice being burdened by consumers.

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