日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

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 1994 - . 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: 四虎成人网 | 国产淫视| xxx国产| 午夜看片在线 | 久久免费视频网站 | 国产亚洲精 | 国产视频亚洲 | 成人免费午夜视频 | 一级黄色片一级黄色片 | 日韩欧美一级片 | 亚洲成人99 | 成人免费看 | 久久伊人国产 | 成人福利视频在线观看 | 超碰综合 | 99精品一区二区三区的区别 | 8x8ⅹ国产精品一区二区 | 中文字幕在线免费 | 欧美一级片在线观看 | 日韩视频一区二区在线观看 | 翔田千里在线视频 | 欧美亚洲国产一区二区三区 | 亚洲福利久久 | 精品久久中文 | 亚洲性色av | 午夜神马影院 | 中文字幕+乱码+中文字幕一区 | 香蕉短视频 | 欧美亚洲第一页 | 日韩免费视频网站 | 黑丝白浆| 久久精品中文字幕 | 国产成人精品白浆久久69 | 日韩香蕉网 | 国产探花系列 | 一级二级在线观看 | 国产日韩一区二区 | 国产午夜视频在线观看 | 哥布林洞窟动漫在线观看 | 欧美人与禽zoz0性伦 | 国产精品99精品 |