date:Mar 10, 2023
ely be disrupted by another hurricane.
Other countries are seeing major challenges as well. In Brazil, a key producing state suffered from heavy rains that delayed harvesting and damaged yields. Therefore, from a fundamental perspective, orange juice price could continue soaring.
The daily chart shows that orange juice prices have been in a spectacular rally in the past few months. It is being supported by the 50-day and 25-day exponential moving averages. However, it has formed what looks lik