Frozen Concentrated Orange Juice (FCOJ) futures reflect the price of processed orange juice concentrate, with Florida and Brazil serving as the two dominant supply sources. Prices are highly sensitive to weather events such as hurricanes and freezes in Florida, citrus greening disease (HLB), and Brazilian crop conditions. Tight global supply in recent years has made this market particularly volatile. The contract is quoted in U.S. cents per pound on the ICE Futures U.S. exchange.
السياق السوقي
Orange juice is trading at 158.95 USd per pound, with a strong weekly gain of approximately 8.2% and a monthly advance of about 12.1%. Despite this recent strength, the market is down roughly 19.6% year-to-date and has fallen approximately 38.5% compared to prices one year ago, indicating significant price erosion over the past twelve months.