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ICE Canada canola ends mixed in technical trade

Published 2018-04-12, 03:43 p/m
ICE Canada canola ends mixed in technical trade

April 12 (Reuters) - ICE Canada canola futures closed mixed on Thursday in largely technical trade dominated by spreading as brokers rolled May positions to forward contracts, traders said.

* May canola RSK8 settled up $1.50 at $524.90 per tonne.

* July canola RSN8 ended unchanged at $528.00 and new-crop November RSX8 fell 10 cents to $516.00 a tonne.

* The May/July spread RSK8-N8 traded 7,478 times between $2.20 and $4.90, premium July.

* Allied Chicago Board of Trade soybean 0#S: futures closed lower, retreating from early strength on profit-taking and technical selling. The Canadian dollar CAD= edged lower against its U.S. counterpart, retreating from a seven-week high reached the day before, as the greenback broadly climbed and oil prices dipped. CAD/

* NYSE MATIF May rapeseed COMK8 and Malaysian May crude palm oil 1FCPOK8 futures rose.

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