Colosseum a.s. (Colosseum a.s.)
Commodities  |  December 19, 2012 14:47:28

Concentrate strengthened to a seven-month peak

ColosseumThe increased level of a seven-month highs in yesterday's trading session on the exchange ICE Futures U.S. price most active futures contract for orange concentrate. This was due to speculation by which citrus damage due to excessive dryness in the U.S. Florida reaches larger-than-expected U.S. Department of Agriculture. This, in its latest estimate of the expected volume decreased production of oranges in the new marketing year by 5.2%. Futures on orange concentrate with a delivery date in March strengthened during yesterday's trading session on the exchange ICE Futures U.S. by 1.1% to 140 cents per pound of weight. During the day, the price of 141 cents per pound, the highest since May 1 of this year.

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Koncentrát posílil na sedmiměsíční maximum

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