Orange juice to rhodium: A surge all round
Jul 24, 2020
4 minutes
By David McKay
few commodities have performed better than orange juice so far this year.
Traded in New York in a frozen concentrated form, it was much sought out during the early months of the Covid-19 pandemic when consciousness regarding health was especially high. Prices ended up more than a fifth higher by the end of June.
It can’t all be health, however. Arabica, a high-grade coffee bean, also experienced significantly improved pricing after initially retreating when investors first worried about its consumption in cafés amid lockdowns. Prices then surged as concern shifted towards securing coffee in the face of rising
You’re reading a preview, subscribe to read more.
Start your free 30 days