Apple juice prices remain on the rise as shortages in Poland continue. Apples and apple juice concentrate production is expected to fall to 2.5 million tonnes, 30% less than last year.
Depression in cocoa bean prices continue as West Africa harvests large crops, up by more than a quarter in the Ivory Coast alone.
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Meanwhile, concerns that China’s aluminium production will fall is driving up prices as the Chinese government has imposed restrictions on manufacture during winter due to environmental concerns.
Crude oil prices also rose as Iraq’s conflict with Kurdistan cut output by 58%. Prices are escalating following Turkey’s threat to turn off pipelines.
Durum wheat prices fell in the EU as yields increased and the completed harvest brought supply into the market.
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