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ICE Canada canola rises to four-month high

Published 2015-12-29, 02:33 p/m
ICE Canada canola rises to four-month high
RSc1
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(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Dec 29 (Reuters) - ICE Canada canola
rose on Tuesday to a four-month high for the nearby contract,
boosted by technical buying and crusher purchases.
* Crushers may have been restocking after processing less
canola during the previous week, a trader said. OILS/CA
* Canola traded in thin volume during the first session of
the holiday-shortened week. The market had been closed since
Dec. 24.
* January canola RSF6 gained $3.30 at $483.60 per tonne,
climbing for a third straight session.
* Most-active March canola RSH6 added $4 at $492.80 per
tonne.
* January-March spread traded 4,550 times.
* Chicago March soybeans SH6 rose on bargain buying.

* Malaysian March crude palm oil 1FCPOH6 and NYSE Liffe
Paris February rapeseed COMG6 gained.
* The Canadian dollar CAD= was trading at $1.3833, or
72.29 U.S. cents, at 12:53 p.m. CST (1853 GMT), higher than
Monday's close at $1.3904, or 71.92 U.S. cents.

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