ICE Canada canola dips in thin trading

Published 2015-11-26, 03:58 p/m
ICE Canada canola dips in thin trading

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Nov 26 (Reuters) - ICE Canada canola
dipped on Thursday in thin trading with U.S. markets closed for
Thanksgiving.
* Commercial hedges, due to farmers selling to the cash
market, pressured the market lower, a trader said.
* January canola RSF6 lost $4.40 at $463.20 per tonne,
after two straight gains. The contract earlier touched a
one-week high.
* March canola RSH6 gave up $4.40 to $470 per tonne.
* January-March spread traded 841 times.
* Malaysian February palm oil 1FCPOG6 and NYSE Liffe Paris
February rapeseed COMG6 rose.
* The Canadian dollar CAD= was trading at $1.3290, or
75.24 U.S. cents at 2:54 p.m. CST (2054 GMT), slightly higher
than Wednesday's official close of $1.3296, or 75.21 U.S. cents.

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