Orange juice prices to remain higher for longer on the back of tight global supply
For now, the orange juice market is staying tight for at least another season, unless there is a significant supply-side surprise for the 2023/24 harvest in Brazil or a much sharper contraction in global demand in 2H 2023.
According to a recent Rabobank report, record-high orange juice (OJ) prices in 2023 are a consequence of a very tight market, with smaller-than-expected
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