The BBC reported that the orange juice futures prices in the global markets increased by more than 20% this month, while consumers are searching for health products during the spread of the Corona virus.
And the "BBC" in a report published on its website, that while the demand for orange juice increases, the supply of it decreased in the markets due to the difficulties faced by the producers in delivering juice to the markets due to the restrictions imposed on the movement of transportation.
According to the report, this resulted in higher prices for orange juice futures, the prices at which this product will be sold in the coming months.
The BBC quoted Stephen Enns, a global market strategist at AxiCorp Banking, as saying that "a pandemic (Covid-19) struck both sides of the supply and demand for orange juice, as the properties of oranges in boosting the immune system drive consumers to The increase in demand for it, but the lack of capacity for transport lines, due to the lack of air traffic, means that the markets cannot get enough of them. "
Difficulties arose in the supply of the commodity, as there were no longer enough workers to harvest the orange crop due to the farmer's commitment to epidemic prevention restrictions such as maintaining a certain distance between workers.
Regarding the prospects for higher prices for orange juice for consumers, Ines said, "Prices will rise quickly, as the producers move the high prices to shopping centers and others."