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Commodities  |  February 04, 2013 08:35:33

Orange concentrate again gained profits

ColosseumFutures contracts on orange concentrate were last week among those that have seen the biggest movements between commodities. In this particular case there was a noticeable increase in prices due to unfavorable conditions for citrus crops in Florida, which is the second most important citrus production area in the world. Droughts that plagued Florida, mean besides, rot, because of which the fruit fall off prematurely from trees. This improvement is, according to the predictions can not be expected even in the coming weeks. Until about the middle of February will present drought is likely to persist. Friday March concentrate on ICE Futures U.S. ended the price of 121.75 cents per pound weight.

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