OJ prices sink 31 pct in 2012; 2nd worst performing commodity
NEW YORK, Dec 31 (Reuters) - New York orange juice futures plunged almost a third in value in 2012 after concerns about a supply shortage waned with bumper crops and slackening demand.
The OJ market was the second-weakest performer in 2012 among the 19 commodities tracked by the Thomson Reuters-Jefferies CRB index. Arabica coffee was the worst-performing commodity, sinking more than 36 percent.
(Reporting By Josephine Mason; Editing by Bob Burgdorfer)
NEW YORK, Dec 31- New York orange juice futures plunged almost a third in value in 2012 after concerns about a supply shortage waned with bumper crops and slackening demand. The OJ market was the second-weakest performer in 2012 among the 19 commodities tracked by the Thomson Reuters-Jefferies CRB index.