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Why orange juice has never been more expensive

by Euro Times
September 15, 2024
in Finance
Reading Time: 1 min read
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Mimosas have a easy recipe: one half champagne, one half orange juice. Quickly, although, the tipple could also be even much less inexpensive—and never as a result of glowing wine is ever costlier. Focus orange-juice futures in New York, which soft-drink producers use to hedge towards worth swings, have quadrupled since late 2021. They hit an intraday excessive of $5.80 a pound on September ninth, their fifth document in every week.



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