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Orange Juice Futures - Jan 25 (OJc1)

ICE
Currency in USD
525.70
0.00(0.00%)
Delayed Data

Orange Juice Futures Discussions

400 350 tp
What is the unit of this price?
OK, this is ridiculous.
Anyone buying this?
what does this huge candle means?
500 now i close bye bye
It grew from 100 to 500, giving a 500% increase, so now it doesn't matter whether we see a price of 600 or 700.
500
possible double top. Bearish divergence with November and Jan contracts making new all time highs but May and September did not.
Time to short?
Next stop 300ish within 3-4 weeks
500 or not ? its peak?
520
540???
some experience when it could go down?
I wonder why there's very little info available about this commodity
Because it is a very thinly traded market with very low volume and open interest. The Brazilian crop is expected to be 25 percent lower. Once it traded out of the sideways channel above 3.80 it took off. We are getting very close to the highs. Somewhere between today's high and 5.10 will be the top.
Thank you for your explanation. You've reassured me a lot.
whats going on? is it stopped?
do you know at what time (central USA tima) is OJ starting to work?
pro badge
finally a down day
oh common. no correction, only up?
it is overbought, so I think it will go down soon
plus volumes says it's been selling
I hope!
Why is it so high?
Crop problems in US and Brazil. Broke out from sideways channel last week. Everyone short following collapse in cocoa and coffee
Forecast in Brazil is horrible, see Fundecitrus report
The 2024-2025 orange crop forecast for the São Paulo and West-Southwest Minas Gerais citrus belt published on May 10, 2024, by Fundecitrus in cooperation with Markestrat and full professors at FEARP/USP1 and FCAV/Unesp2, is 232.38 million boxes of 40.8 kg (90 lbs) each. The projected volume represents a significant drop of 24.36% as compared to the previous crop.
500 tp
500 is near only some month
Is raining man aleluya
450 , will hit
above 400? 🫠 will see
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