日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Europe

Cost of orange juice may be driven up as outbreak increases demand

By EARLE GALE in London | China Daily Global | Updated: 2020-03-27 13:02
Share
Share - WeChat

Orange juice, that staple of so many British breakfast tables, will cost more to buy and become harder to find in the months ahead because of the ongoing novel coronavirus outbreak.

The drink is being hit by the double whammy of increased demand resulting from people seeking healthier options, and by difficulty in sourcing it from countries, such as Spain, where it is produced.

The BBC reports that the price of orange juice on the futures market has already risen by more than 20 percent. The market facilitates the long-term trading of products that have not yet been produced and the spike in that long-term price indicates orange juice will be among the products that will cost a lot more this time next year.

Stephen Innes, chief global market strategist at broker Axi-Corp, told the broadcaster orange juice has been impacted, in part, because of the belief among some consumers that it can help them battle the virus.

"The COVID-19 outbreaks are hitting both the supply and demand for orange juice," he said. "The immune-boosting properties are the demand-side attraction, while there are simply not enough tanker spaces, with airlines not flying, to bring the product to markets."

He said there is also a shortage of workers to harvest and process oranges because of illness and social distancing rules.

Jack Scoville, from the United States trading company Price Futures Group, told the BBC: "Traders are wondering if workers are around to man the plants here in Florida and in Brazil."

Other products are seeing similar price rises.

Reuters reports that the global panic buying of household staples such as toilet paper and cleaning products, and fears that governments may end up restricting the flow of other products destined for export to ensure their own populations have enough supply, have combined to drive up prices.

Phin Ziebell, an agribusiness economist at National Australia Bank, told the agency: "People are starting to get worried. If major exporters start keeping grains at home, it will have the buyers really worried. It is panicking and not rational, as fundamentally the world is well supplied with food."

Some exporters have already started to restrict flow. Vietnam, one of the world's largest rice exporters, has taken such action, as has Kazakhstan, one of the world's major wheat producers. Russia is understood to be considering reducing vegetable oil exports, and palm oil coming out of Malaysia has dwindled.

An unnamed senior Singapore-based trader at one of world's top rice companies told Reuters: "It is a logistics issue. Vietnam has stopped exports, India is in a lockdown, and Thailand could declare similar measures."

But he said prices should ultimately return to normal because, at the end of the day, "the world has enough supplies".

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 久久亚| 日本色网址 | 亚洲韩精品欧美一区二区三区 | 清草在线视频精品 | 4hu网站| 综合久久久久 | 色678黄网站全部免费 | 国产精品一区久久久 | 国产短视频精品区第一页 | 欧美性a视频 | 日韩免费一级片 | 国产一区二区三区 | 国产色网址 | 欧美午夜久久 | 毛片a片 | 日韩av免费看| 久久久国产精品免费观看 | 国产午夜三级一区二区三桃花影视 | 成人欧美日韩一区二区三区 | 91福利在线视频 | 2021国产精品自产拍在线观看 | 久久a区| 午夜专区| 黄色小视频在线观看 | 亚洲综合色一区二区三区另类 | 激情婷婷成人亚洲综合 | 欧美日韩午夜精品 | 美女国产精品 | 91在线成人 | 一区在线播放 | 浮力影院草草影院 | 高清视频一区 | a毛片在线看免费观看 | 欧美久久久久 | 日韩成人免费在线 | 一级aaaaaa片毛片在线播放 | 日本高清无卡码一区二区久久 | 精品国产乱码久久久久久1区2区 | 天天操天天干天天爽 | 丁香久久 | 久久69精品久久久久久国产越南 |