Chart and quote are a third-party TradingView feed for information only and can differ slightly from Xellion's MT5 prices.
About Orange Juice
Orange juice is an agricultural commodity whose futures benchmark represents frozen concentrated orange juice, often abbreviated to FCOJ. Futures prices are conventionally quoted in US cents per pound of orange juice solids. This wholesale market reflects conditions across orange growing, processing and distribution rather than the retail price of a carton of juice.
Orange juice is distinctive because its supply depends on citrus orchards that take time to establish and can suffer lasting damage from disease or severe weather. Frosts, hurricanes and drought can affect both harvest volumes and fruit quality. Processing yields, frozen concentrate inventories and shifts in consumer demand also influence the market's balance.
On Xellion's MT5 platform, Orange Juice is traded as a CFD, allowing a position to be long or short without owning the underlying asset or taking delivery of juice. Trading hours follow the underlying futures exchange session, Monday to Friday. CFD trading involves leverage, which can magnify both gains and losses.
What moves the price
- Frost, hurricane and drought risks in citrus-growing regions
- Citrus disease and orchard productivity
- Harvest volumes and juice extraction yields
- Frozen concentrate inventories and processing capacity
- Consumer demand and beverage substitution
- Export conditions, transport costs and currency movements
| Symbol | OJ |
|---|---|
| Leverage | Up to 1:2000 |
| Trading hours | During the underlying futures exchange session, Monday to Friday |
Live spreads and swaps are shown in MT5. Exact session times are in the MT5 contract specification; leverage depends on your account and country.
OJ questions
Does the Orange Juice price represent supermarket juice prices?
No. The futures benchmark relates to frozen concentrated orange juice in the wholesale market. Retail prices also include packaging, transport, marketing and retailer costs, so supermarket prices need not move in step with the underlying commodity.
Why is orange juice sensitive to weather and crop disease?
Orange trees are vulnerable to freezing temperatures, storms, drought and citrus diseases. These can reduce fruit availability or juice yields. Damage to orchards can also affect production beyond a single harvest because replacing productive trees takes time.
When can Orange Juice CFDs be traded on Xellion?
Orange Juice CFDs trade during the underlying futures exchange session, Monday to Friday. Exchange holidays and session breaks can affect availability. The instrument details on Xellion's MT5 platform provide the applicable trading schedule.
Does an Orange Juice CFD involve taking delivery of concentrate?
No. An Orange Juice CFD on Xellion's MT5 platform provides exposure to price movements without ownership or physical delivery. Positions can be long or short. Leverage magnifies exposure and can increase losses as well as gains.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Charts and prices on this page come from TradingView for information only and are not investment advice. Risk disclosure