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ICE Canada canola snaps 3-day winning streak

Published 2016-03-17, 02:41 p/m
ICE Canada canola snaps 3-day winning streak
CL
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(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, March 17 (Reuters) - ICE Canada canola
futures fell on Thursday and halted a three-day winning streak,
pressured by a stronger Canadian dollar.
* Demand seen weakening in April as China imposes a stricter
shipping standard on Canadian canola, a trader said.
* Most-active May canola RSv1 lost $4.70 at $465.50 per
tonne. The contract earlier touched a more than three-week high.
* July canola RSN6 shed $3.30 to $470.40 per tonne.
* May-July canola spread traded 5,997 times.
* Chicago May soybeans SK6 rose on a weak U.S. dollar and
rally in crude oil.
* Malaysian May palm oil 1FCPOK6 climbed and NYSE Liffe
Paris May rapeseed COMK6 ended flat.
* The Canadian dollar CAD= was trading at $1.2994 to the
greenback, or 76.96 U.S. cents at 12:54 p.m. CDT (1754 GMT),
higher than Wednesday's close at $1.3122 to the greenback, or
76.21 U.S. cents.

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