Colosseum a.s. (Colosseum a.s.)
Commodities  |  November 16, 2012 10:08:28

Orange concentrate sharply strengthens

ColosseumPrice of orange concentrate during yesterday's trading continued rapid growth and climbed on a few weeks maximum. The cause of the fear of investors from the cold weather, which could in the coming days and weeks, damage crops in Florida. Commodity Weather Group expects that the temperatures on the east coast of the U.S. will move in late November by 1.7 degrees Celsius below normal. The price is also supported by reports on the suspension of supply of oranges from Brazil to the EU after they were found in fungal diseases. Ban on imports could boost demand for oranges from the United States, which is the biggest competitor of Brazil. and # 160;

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