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

ICE Canada canola rises on short-covering, halts skid

Published 2015-09-08, 02:53 p/m
ICE Canada canola rises on short-covering, halts skid

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Sept 8 (Reuters) - ICE Canada canola
prices climbed on Tuesday with grains and oilseeds on
short-covering, gaining momentum from stronger equity markets
after a holiday weekend in North America.
* Canola's rally halted a five-day skid.
* November canola RSX5 gained $7.60 to $462.10 per tonne.
* January canola RSF6 added $6.80 to $466.20 per tonne.
* November-January spread traded 1,427 times.
* Chicago November soybeans SX5 rose on technical buying
and uncertainty about U.S. soy yields. ID:nC3N0ZN012
* Malaysian November palm oil 1FCPOX5 and NYSE Liffe Paris
November rapeseed COMX5 climbed.
* The Canadian dollar CAD= was trading at $1.3200, or
75.76 U.S. cents at 1:11 p.m. CDT (1811 GMT), higher than Bank
of Canada's official close on Friday of $1.3265, or 75.39 U.S.
cents.
* No frost in forecast this week for Western Canada, as
canola crops mature. ID:nL1N11E0X1
* Australian canola production forecast rises.
ID:nL4N11D1YD


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.