ICE Canada canola dips with soy on demand concerns

Published 2015-11-05, 02:36 p/m
ICE Canada canola dips with soy on demand concerns

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Nov 5 (Reuters) - ICE Canada canola fell
on Thursday after two days of gains, pressured by weaker soybean
prices that reflected demand concerns.
* Slow selling by farmers underpinned canola, although
buying dried up, a trader said.
* Most-active January canola RSF6 lost $6.90 to $474.50
per tonne.
* March canola RSH6 gave up $6.40 to $479.80 per tonne.
* January-March spread traded 1,616 times.
* Chicago January soybeans SF6 fell on disappointing U.S.
export data.
* Malaysian January palm oil 1FCPOF6 and NYSE Liffe Paris
February rapeseed COMG6 fell.
* The Canadian dollar CAD= was trading at $1.3158, or
76.00 U.S. cents at 12:50 p.m. CST (1850 GMT), little changed
from Wednesday's close of $1.3157, or 76.01 U.S. cents.

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