Short
Craze in orange juice.
During COVID-19, we saw an increase in demand for orange juice/vitamin C as people strived to increase their immunity against COVID-19. For some households, this habit remained and orange juice became the go-to leisure juice.
This must have caused a squeeze on the existing supply as the demand caught orange farmers and juice producers by surprise. Can technicals come into play and put a pause on this wild price rally??
This must have caused a squeeze on the existing supply as the demand caught orange farmers and juice producers by surprise. Can technicals come into play and put a pause on this wild price rally??
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.