ICE Canada canola futures slip with soyoil

Published 2018-03-07, 02:35 p/m
ICE Canada canola futures slip with soyoil

WINNIPEG, Manitoba, March 7 (Reuters) - ICE Canada canola futures dipped on Wednesday, following larger vegetable oil rival soy oil lower.

* The weak Canadian dollar underpinned canola, a tradersaid.

* Most-active May canola RSK8 lost $3.80 to $522.20 pertonne.

* ICE Futures Canada said there were 12 deliveries onWednesday of the expiring March contract.

* May-July canola spread traded 2,207 times.

* Chicago May soybeans SK8 dropped on positioning ahead ofThursday's U.S. Department of Agriculture supply and demand report. NYSE MATIF May rapeseed COMK8 and Malaysian May crude palm oil 1FCPOK8 fell.

* The Canadian dollar CAD= was trading at $1.2968 to the U.S. dollar, or 77.11 U.S. cents at 12:48 p.m. CST (1848 GMT).

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.