😎 Summer Sale Exclusive - Up to 50% off AI-powered stock picks by InvestingProCLAIM SALE

ICE Canada canola rises, halts 3-day skid

Published 2015-08-27, 02:33 p/m
ICE Canada canola rises, halts 3-day skid
CL
-

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Aug 27 (Reuters) - ICE Canada canola
rose on Thursday with spillover support from soaring crude oil
and higher soybean prices, ending a three-day losing streak.
* Canola lagged soybeans' gains as it continues to be high
priced compared to other oilseed products, a trader said.
* Most-active November canola RSX5 gained $3.10 to $472.80
per tonne.
* January canola RSF6 added $3.20 to $477.40 per tonne.
* November-January spread traded 1,680 times.
* Chicago September soybeans SU5 rose on export demand,
easing concerns about China.
* Malaysian November palm oil 1FCPOX5 jumped 3.1 percent
and NYSE Liffe Paris November rapeseed COMX5 rose 2 percent.
* The Canadian dollar CAD= was trading at $1.3223, or
75.63 U.S. cents at 12:53 p.m. CDT (1753 GMT), higher than
Wednesday's close at $1.3315, or 75.10 U.S. cents.
* Saskatchewan farmers have completed 16 percent of the
overall crop harvest, ahead of the usual pace. GRO/SAS
* Viterra buys Canada oilseed plant from Malaysia's Felda

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.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.