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Craze in orange juice.
During COVID-19, we saw an increase in demand for orange juice/vitamin C as people strived to increase their immunity against COVID-19. For some households, this habit remained and orange juice became the go-to leisure juice.
This must have caused a squeeze on the existing supply as the demand caught orange farmers and juice producers by surprise. Can technicals come into play and put a pause on this wild price rally??
This must have caused a squeeze on the existing supply as the demand caught orange farmers and juice producers by surprise. Can technicals come into play and put a pause on this wild price rally??
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