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ICE canola futures rise on soy strength, weak dollar

Published 2018-11-27, 02:50 p/m
ICE canola futures rise on soy strength, weak dollar
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WINNIPEG, Manitoba, Nov 27 (Reuters) - ICE (NYSE:ICE) canola futures rose on Tuesday, lifted by strength in soybeans and weakness in the Canadian dollar.

* Canola was due for a bounce after three straight losses, a trader said.

* January canola RSF9 gained $2 to $473.80 per tonne.

* March canola RSH9 added $1.60 to $482.

* Chicago January soybeans SF9 climbed on positioning ahead of the G20 summit. February Paris Matif rapeseed futures /COMG9 rose and Malaysian February palm oil futures /1FCPOG9 eased.

* The Canadian dollar CAD= was trading at $1.3302 to the U.S. dollar, or 75.18 U.S. cents, at 1:01 p.m. CST (1901 GMT).

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